NightOwl at Northlakes
NightOwl at Northlakes – Property Investment Facility:
- Property investment facility arranged for the purchase of NightOwl anchored neighbourhood convenience centre.
- Loan of $4,020,000 secured at a 60% LVR on a non-recourse basis for a term of 2 years through a major bank.
- The retail centre displays a 100% leased tenancy profile including national tenants Nightowl, Domino’s Pizza and BWS featuring a mix of food and service tenancies. The asset displays strong property profile metrics.
- Total net operating income fully leased from the centre is $473,786 p.a. and tenancy profile represents a strong WALE of 5 years.
If you need help securing commercial finance for a purchase of development, get in touch with Jayden Vecchio on 0421 874 357 or [email protected].
- YEAR 2016
- WE DID Finance
- CATEGORY Commercial Finance