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CENTURIA BASS CREDIT REFINANCES $35.9M SITE IN OFFICER, VIC
April 2024
Centuria Bass Credit is providing a 65% LVR, senior secured land bridge loan in Officer, a rapidly growing suburb 50km southeast of the Melbourne CBD. The site is in close proximity to retail, education, transport and recreation amenities, and has a total value of $35.9M. Officer is situated in Melbourne’s south-east growth corridor, with the population expected to increase by over 58% by 2041, making this a well-located development site in an urban growth area. Centuria Bass Credit is thrilled to be working with the Sponsor to refinance this well-located parcel of land in Victoria.
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