When a purchase in Breakfast Point can't wait for a bank, brokers come to us. Vertex Capital writes bridging loans, second mortgages and development finance secured against Breakfast Point property — decisions from a Sydney credit desk, a letter of offer typically within 24 hours, and settlement from 3 business days.
Instant desktop valuation, LVR capacity and a quote PDF — free, no login.
Our view of Breakfast Point starts with settled sales data, not listing prices. The figures below come from NSW Valuer General records covering the last 12 months.
On a typical Breakfast Point unit at the current median of $1.44m, a first-mortgage facility at our 75% LVR guide supports borrowing up to around $1.08m. Second mortgages run to 65% combined LVR and commercial security to 70%. Rates start at 9.7% p.a. with establishment fees from 1.65% — all business-purpose, secured by real property.
Typical scenarios: bridging a Breakfast Point purchase before an existing property settles, refinancing a maturing facility, releasing equity for business use, or settling an auction purchase the bank can't fund in time.
Up to 75% LVR on a first mortgage. With the Breakfast Point unit median at $1.44m over the last 12 months, that supports facilities up to around $1.08m on a typical property, subject to valuation.
A letter of offer typically issues within 24 hours of receiving the scenario, and settlement can occur in as little as 3 business days once valuation and legals are in place.
Rates from 9.7% p.a. and establishment fees from 1.65% of the facility. Interest is usually retained at settlement or capitalised, so there are no monthly repayments during the term.
Residential and commercial property, including houses, units, land and mixed-use. Business-purpose lending only, first or second mortgage.
Send the security address, loan amount and exit — formal terms typically within 24 hours.