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CENTURIA BASS STRENGTHENS METROPOLITAN MELBOURNE PORTFOLIO

June 2024

Centuria Bass Credit is financing a $60m residential mixed-use development set over 12 stories in the heart of Moorabbin, 14kms southeast of the Melbourne CBD. The 74-apartment and 4 retail development will appeal to residents seeking the convenience of rail and retail amenity.

Tailored to meet the needs of an existing borrower client, this 26-month facility has been structured on a no-presales basis to 66% LVR.

CBC are excited to continue their relationship with this client and strengthen its metropolitan Melbourne portfolio.

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