11 Collins Street, Nundah

Construction updates

The project at 11 Collins Street, Nundah (Joseph K Corp Pty Ltd) is progressing well. To date the project has exceeded its construction milestones and is on track to be completed by late November 2017.

As at our quantity surveyor’s site inspection on 23 May 2017 the project was 36.08% complete.

The site has been established, the existing building has been demolished and the site has been set out and stripped. Foundations, blockwork and slab works are progressing. Scaffolding has been erected to the second floor.

The Borrower, Joseph Kobayaty, is both the developer and builder for the project. Joseph is highly experienced, completing a number of small/medium sized developments in Brisbane’s northern suburbs, several of these in Nundah.

Six of the thirteen two-bedroom, two-bathroom units are considered to have generous floor areas. The larger floors areas, along with other features such as a lift and common areas, makes this project appealing to both owner occupiers and investors.

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Joseph K Corp Pty Ltd is currently open for new investment. Please contact Lisa for a copy of the SPDS on 1800 999 109 or lisa@gpsinvest.com.au. Photographs taken 23 May 2017.

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