The WK Capital - Teneriffe Loan was originally provided by WK Capital in mid April 2018 as senior loan funding secured against a property in Teneriffe QLD for an original term of 6 months (plus two 3 month borrower extension options). The opportunity is now available, via an acquisition of trust units in the WK Capital Fund Teneriffe, to acquire up to 50% of the original loan amount for iPartners' investors. iPartners investors will access a net yield of 10% p.a. for this short term investment.

LVR

65%

Interest

10% p.a.

Maturity

16 Oct 2018

Security

Registered First Mortgage

Asset Class

Residential Apartments

Collateral Cover

1.54x