Glen Huntly, VIC

First mortgage funding in the sum of $330,000 is required to assist with the acquisition of property. The loan is secured by a first registered mortgage over the security property located in the Melbourne suburb of Glen Huntly, General Security Agreement over the Borrower, personal guarantee by the director of the Borrower Company and guarantees from the Corporate Guarantor.

The security property comprises a circa 1950’s era 3-bedroom brick veneer residential residence with a single bathroom, located in Glen Huntly, approximately 11 kilometres southeast of Melbourne’s Central Business District. Glen Huntly is a sought-after suburb, offering a mix of older-style units and houses, alongside more modern and prestigious properties. The area has also seen a growing number of apartment developments.

Key points to note, include:

• Local Government Authority is Glen Eira City Council.
• Melbourne has a population in excess of 5,200,000.
• The security property is located approximately 11 kilometres south-east of the Melbourne CBD.