EXTENSIVE RENOVATION PADDINGTON
We were approached to assist in providing a 2nd mortgage to renovate a large terrace in Paddington, Sydney. Extensive renovations including a 3-level structure including a rumpus room, secure garage and studio. Main House to be completely remodeled with 2 new bedrooms, addition of 4 new bathrooms and upgraded interiors throughout the property. Our borrowers purchased the property for $2.7M recently and after the renovations the property was valued at over $5M..