Aquence Towers Pty Ltd17 – 19 & 21 Passage Street, Cleveland 4163
Borrower: Aquence Towers Pty Ltd
GPS Invest loan amount: $7,210,850*
Maturity Date: 10 October 2022
Construction of 29 residential apartments over 6 levels, known as “Aquence Tower”, by knowledgeable and highly experienced developers.
The apartments are to be finished to a high ‘boutique’ standard, with many benefiting from superior bay views. Communal building amenities have been deliberately minimised to reduce Body Corporate Fees.
The development is close to cafes, restaurants, schools, and shops. Public transport is easily accessible with a bus stop within 100 metres and the Cleveland train station nearby.
*Co-funded 50/50 with another lender.