Strategy & vision
Located in the bayside suburbs of Melbourne’s inner south east. The municipality of Glen Eira consists of many well established suburbs that are within range of bay beaches which included Brighton, Black Rock and Sandringham.
This is a knock down rebuild – single quality home project consisting of 5 bedrooms (incl study), 3 living areas, 5 bathrooms and 2 car spaces.
The project is at the stage for construction, with construction expected to commence in February.
The initial loan amount of $945,000 is to secure and settle the site.
With proximity to schools, public transport, and key retail hubs, combined with the high build standards, Highview Road (where the site is located) offers an unrivalled opportunity in the market. This development is a thoughtfully designed product that meets and exceeds buyer expectations, making it a standout. The proximity to key amenities, coupled with unique building advantages, positions this development as an attractive opportunity to the market.
Exit strategy
Sell
The borrower & project team
Maher and Fabretto family have successful collaborated over 20 years, building a legacy of quality outcomes in the building sector. Leveraging this longstanding partnership, the developer has decided to focus on Highview Road as the next opportunity. With a shared commitment to excellence, every project is meticulously planned and executed, meeting the highest standards of design, functionality and market appeal.
With a proven track record of surpassing feasibility estimates and even breaking local sales records, their projects have consistently outperformed market expectations.
The borrower has passed our underwriting assessment and credit checks.