Welcome to another edition of ‘On the Portal’, our monthly blog detailing some of the new loans available on the SCP portal.
We’ve had a record number of new investment opportunities become available this month. The recent OCR changes have increased enquiries for investments that offer more than the current term deposits. We have also released a larger number of opportunities with minimum investment amounts of just $10,000, allowing more investors to sample our investments or diversify their portfolio.
Remember, if you like what you see, log in to the portal and scoop up the loan before someone else does!
Here’s what’s sitting on the portal today:
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- Recently completed home in Auckland: a spacious four bedroom home along with a two-bedroom granny flat in Swanson, Auckland, spread over a large 349m2 floor plan on a gated and landscaped 1,144m2 section. The particulars of this loan include a 12-month term, 8% p.a* interest rate and a LVR of 70%.
- Large ‘home and income’ opportunity in Auckland: a six-bedroom, four-bathroom home with multiple living areas spread over three levels in Hobsonville, Auckland. Because of the grand size, this property has the potential for ‘home and income’. The home, totalling 375m2 on a 451m2 site was completed in 2022. The particulars of this loan include an 18-month term, 7.75% p.a* interest rate and a LVR of 60%.
- Residential property in Tauranga: a two level, four-bedroom home with internal double garage currently tenanted with views over the waterways in Brookfield. Close to quality schools and Brookfield shopping centre. The particulars of this loan include a 12-month term, 7.5% p.a* interest rate and a LVR of 28%.
- Two homes located in Auckland: two brick clad homes built in the 1980s on a large 1,857m2 lot. This lot is potentially subdividable with the rear site zoned ‘Mixed Housing Urban’. The particulars of this loan include a 12-month term, 7.75% p.a* interest rate and a LVR of 60%.
Login to the portal or contact a member of our investment team today.
* Rates and terms displayed are subject to availability
