Image: 145 Bunjil Way, Knoxfield, VIC
| Commencement / Practical Completion | Nov-23 / Jan-26 |
|---|---|
| Scheduled Opening | Jan-26 |
| Development Type | Greenfield |
| Project Description | Construction of a 176-bed RACF, pre-leased. |
| Lease Term | 25 years |
Funding Snapshot
| ACPT Project Funding (including land) |
$67.2 million |
|---|---|
| Funding Tranches | Rentalised Funding : $30.79 million Fitout Loan Funding : $36.37 million |
| Commencing Rent | $2.02 million |
| Fitout Loan Interest Rates | During Construction : 4.5% p.a. For 2 yrs from PC : 6.0% p.a. Yr 3 post PC : 6.5% p.a. Yr 4 post PC : 7.0% p.a. |
| Fitout Loan Repayment Dates | Pay down to 67.9% of original balance on 1st anniversary of operational commencement. Pay down to 47% of original balance on 2nd anniversary of operational commencement. |
| Fitout Loan Term | 4 years from PC |
Disclaimer: The above is intended as general market commentary only and is not intended as, and does not constitute, advice of any kind. No liability is accepted for any action taken based on the above or for any loss suffered as a result of reliance on the same.
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