Top Spring Australia Completes $15 Million Loan Facility
Top Spring Australia is pleased to announce the completion of its latest loan facility. We provided a short term second mortgage loan facility to an established and reputable developer for a residential development project in Lindfield.
The project comprised 44 high quality dwellings within close proximity to elite schools, public transport and shops. The project had already achieved development consent and was ready to commence sales campaign.
- Close proximity to Lindfield Town Centre
- 44 over-sized luxury dwellings
- Facility amount: $15 million
- Loan duration: 9 months
- Internal Rate of Return: 30%
- Status: Fully Repaid
With a focus on building strong relationships and projects, we look forward to working with more local developers on their future projects in Sydney.