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Sounds like its a vendor finance deal through Devine Homes, in the same way you hear them and other national builders selling and offering finance on their land & home packages.

Interesting Points Lozza, you have obviously purchased well from a capital gains perspective as you have been able to deal with a distressed and motivated seller. By the simple fact that you have been able to value the property at $420k, would make any existing similar properties valued at...

Lvr Lozza, that's interesting information. The whole financing issue is another factor for Docklands. When you purchased, what LVR did you have on your loan if you don't mind me asking? For example, if you need at least 20% deposit, that makes the IP decision more problematic when...