Pallas Capital invites eligible investors to participate in this First Mortgage Pre-Development investment opportunity located in Mascot, a vibrant inner-city suburb 7km south of the Sydney CBD.
First Mortgage Mascot
The purpose of this loan is to refinance the existing indebtedness against the Security Property; allow time for the Sponsors to undertake pre-construction works, tender for a suitable builder, and finalise a project team to assist with the design, planning, and delivery of the Proposed Development or sell the Security Property as a construction ready project; and to fund the pre-paid interest, costs, and fees under this Loan.
The Security Property is well serviced by transport amenities. Mascot Train Station is 100 metres west, numerous bus services operate frequently on nearby roads and major arterial roadways such as the M5, M8 and Princess Highway are easily accessible.
The Security Property further benefits from close by amenities such as Mascot Town Centre which is 100 metres to the west providing an eclectic mix of restaurants, cafés, and shopping. Several educational facilities including primary, secondary, and tertiary are within a 1km radius of the Security Property. Parks and recreational facilities are located within walking distance.
2) Anytime Fitness
4) That Place Café
5) Mascot Oval
6) Sydney Airport
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