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Eden Innovations Nears $5M Georgia Property Sale, Slashes Debt Burden
8:43am on Monday 23rd of June, 2025 AEST
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Real Estate
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Eden Innovations Nears $5M Georgia Property Sale, Slashes Debt Burden
8:43am on Monday 23rd of June, 2025 AEST
Key Points
Sale of 65.58-acre Augusta property for US$5 million
Settlement anticipated on 25 August 2025, pending final permit approval
Proceeds to repay approximately 70% of mortgage loan with iBorrow
Debt reduction to around US$1.5 million, lowering interest costs
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EDEN INNOVATIONS (ASX:EDE)
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