50 Fifth Avenue, Kedron
50 Fifth Avenue, Kedron QLD 4031Borrower: A.C.N. 652 969 563 Pty Ltd
GPS Invest loan amount: $8,659,672
Maturity Date: 5th April 2026
LVR: 69.99%
Construction of 10, 3-bedroom residential units.
A boutique development of 10 units in the centrally located suburb of Kedron, just 8.6km north of Brisbane’s CBD. This site is perfectly positioned for both future owner-occupiers and investors, offering convenient travel time via nearby arterial roads, public transport accessibility, and is in close proximity to Westfield Chermside, schools, and amenities.
GPS is funding this shovel-ready project for a repeat borrower, with their previous GPS-funded project, 8 Alice Street, also in Kedron, successfully completed with all investors repaid in full*. The project’s builder is also well known to GPS, and is currently finalising another GPS-funded project at Albany Creek.
*Past performance is not an accurate indicator of future performance
