57 Station Road Pty Ltd

57 Station Road, Bethania, QLD, 4205

Borrower: 57 Station Road Pty Ltd
GPS Invest loan amount: $9,656,700
Maturity Date: 12 January 2020
LVR: 63.50% on completion
Return: 8.25% p.a. payable monthly in arrears

Stages one and two of the development have been recently completed and sold out. This facility is for the construction of 52 townhouses over the final three stages.

The project site is location approx. 28 kms to the southeast of the Brisbane CBD.  It is within close proximity to public transport, being Bethania Railway station and bus services along Station Road. Both private and public schools, along with medium and large shopping hubs, are close by and provide adequate amenities.

27 unit/s sold.
Construction is 100% complete.
100 Complete

Recent updates

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When the funding dries up

I continue to see too many instances where funding for a...

Builder cashflows are suffering

Following several conversations with builders GPS has commenced a program to...