Owenlaw
First Mortgage Income Fund
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Summary of Owenlaw First Mortgage Income Fund
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> Features of investment in registered First Mortgages
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returns and fees
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that make up
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> Property investment opportunities
Property investment opportunities
Brunswick VIC Property code: 100005
Available investment:
$27,000
Interest rate available:
8.75% variable
Recently renovated, rear ground floor 2 bedroom unit within a 12 unit, 2 level brick apartment complex.
Total loan
$297,000
LVR
69.9%
Original term
2 years
Loan end
Feb 2011
Category Residential Improved

Glen Waverley VIC Property code: 100027
Available investment:
$790,000
Interest rate available:
8.25% variable
The property comprises a 3 and part 5 storey development consisting of 40 apartments including a mix of 19 one bedroom, 17 two bedroom and 4 three bedroom designs.
Total loan
$6,500,000
LVR
39%
Original term
1 year
Loan end
July 2011
Category Residential Construction

Glen Waverley VIC Property code: 290057
Available investment:
$328,000
Interest rate available:
8.75% variable
Construction of a 4 storey mixed use building including ground floor car park, first floor office and 12 apartments on top 2 floors. Land area 655 sqm, zoned "Business 1".
Total loan
$4,715,000
LVR
67%
Original term
2 years
Loan end
Oct 2011
Category Residential Construction

Hastings VIC Property code: 250280
Available investment:
$1,316,000
Interest rate available:
8.75% variable
14 retail shops with basement car parking for 39 vehicles. Individual premises range in size from 79 to 115 sqm - all clear span accommodation.
Total loan
$3,595,000
LVR
70%
Original term
2 years
Loan end
Nov 2010
Category Commercial Improved

Hawthorn VIC Property code: 290039
Available investment:
$85,000
Interest rate available:
8.75% variable
The property comprises a refurbished single storey commercial building with net lettable area of approx 410 sqm, a land area of 952 sqm, and frontage of 25m. Zoned "Business 2".
Total loan
$2,450,000
LVR
70%
Original term
2 years
Loan end
Aug 2011
Category Commercial Improved

Sandringham VIC Property code: 100007
Available investment:
$50,000
Interest rate available:
8.75% variable
Multiple unit complex, each unit to comprise 3 bedrooms plus study (unit 3, 4 bedrooms plus study) and 2 basement car spaces. Land area 1,254 sqm, zoned "Residential 1".
Total loan
$4,035,000
LVR
66.6%
Original term
1 year
Loan end
Sept 2011
Category Residential Construction

Southbank VIC Property code: 290036
Available investment:
$10,000
Interest rate available:
8.5% variable
A single level 3 bedroom,3 bathroom sub penthouse apartment located on level 27. Living area of approximately 130 sqm and features 270 degree views from St Kilda Road, across the Bay and the Dockland/ CBD skyline.
Total loan
$580,000
LVR
60%
Original term
2 years
Loan end
Oct 2011
Category Residential Improved

St Albans Park VIC Property code: 290081
Available investment:
$77,000
Interest rate available:
8.50% variable
Construction of 10 single storey 2 bedroom 88 sqm villa units each with single garage around a circular roadway. Land area 3,698 sqm, zoned "Residential 1".
Total loan
$1,762,000
LVR
66.6%
Original term
2 years
Est Loan end
March 2012
Category Residential Construction

St Kilda VIC Property code: 290041
Available investment:
$83,000
Interest rate available:
8.75% variable
Construction of 6 dwellings - 5 x triple storey, 1 x double storey, with basement car parking for 10 vehicles. Land area 589 sqm, zoned "Residential 1".
Total loan
$4,640,000
LVR
66.6%
Original term
2 years
Loan end
July 2011
Category Residential Construction

Further information: phone 1300 856 600 or click here to email
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