Centuria Bass Credit is excited to announce the successful completion of a residential boarding house in Lane Cove, NSW. Having funded the construction of the project, CBC has now provided a residual stock facility at 65% LVR for our existing borrower client.
The development consists of 27 fully furnished one-bedroom apartments available for rent, expected to appeal to international students, professionals, and young couples. Lane Cove is an affluent suburb on Sydney’s lower north shore, located 13 km northwest of the CBD, and is in close proximity to leading private schools, retail shops, public transport, and parks.
CBC is proud to continue supporting and strengthening our relationship with this valued borrower while also expanding our metropolitan Sydney portfolio.