CBC has restructured lending against two luxury residential properties with a combined value of $25m located in Hunters Hill and Pyrmont to 70% LVR. The loan will restructure incumbent debt and support the borrower’s equity contribution in ongoing property developments.

The Hunters Hill property is a grand four-storey waterfront home featuring panoramic views of the Sydney Harbour Bridge, CBD and Drummoyne. Hunters Hill is a blue-chip suburb approximately 11km from the Sydney CBD in close proximity to leading private schools, retail and recreational amenities.

The Pyrmont penthouse has scenic views of Sydney Harbour, CBD and Barangaroo. Pyrmont is a waterfront suburb in close proximity to Darling Harbour attractions, the Sydney CBD and light rail, Fish Market and Chinatown Eateries.

CBC are excited to expand the metropolitan Sydney residential portfolio and strengthen the relationship with this borrower.