SOURCE: Australian Investment Network
TITLE: Bridging Finance Needed Will Pay 12% Negotiable
SYNOPSIS:
Looking for investor to cover superanuation payback for 12 month period - to qualify for lump sum of $732,813 upon returment on 25th November 2006.
PROPOSAL SUMMARY:
This investment opportunity is unique in so much as the security is in the form of a parlimentarian superanuation policy administered by the Parlimentary Trustee. Due to an early retirement from parliment in 1992, and then re-entering of parliment again in 2002, there is a requirement to repay previous benefits so that the 2 periods of service to the parliment will be combined resulting in a lump sum benefit of $732 813.00 paid upon retirment on 25th November 2006. Bridging finance of $194,092.00 is required for 12 months until retirement next year. Terms and payment negotiable.
AMOUNT REQUESTED: 200,000 AUD
MINIMUM INVESTMENT: 50,000 AUD
ESTIMATED ROI: 12 % per year
REGION: Victoria
INDUSTRY 1: Real Estate
INVESTMENT REASON: Debt Refinance
SUBMITTED: November 6, 2005
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