12 Auster Street Pty Ltd
6 – 12 Auster Street, Redland Bay QLD 4165Borrower: 12 Auster Street Pty Ltd
GPS Invest loan amount: $9,091,017*
Maturity Date: 14 January 2023
LVR: 64.99%
The development consists of the construction of 27 high end apartments and 6 adjacent high-end townhouses. Each townhouse will comprise 3 bedrooms and 2.5 bathrooms. Of the 27 apartments, twenty-one will comprise of 3 bedrooms and 2 bathrooms, three will comprise of 2 bedrooms and 2 bathrooms and one will comprise of 3 bedrooms and 3 bathrooms.
*Co-funded 50/50 with another lender.
