Broadbeach Holdings Pty Ltd

27 Bradman Avenue, Maroochydore, QLD, 4558

Borrower: Broadbeach Holdings Pty Ltd
GPS Invest loan amount: $6,177,300
Maturity Date: 23 December 2019
LVR: 65.90% on completion
Return: 8.25% p.a. payable monthly in arrears

Construction of 14 residential units over 4 levels with basement car parking, balconies, and a pool each for units 1 and 2. A lift will service all floors. Units will be open plan design with built-in BBQ for all units. The units will be built to a high quality, owner occupier standard.

10 unit/s sold.
Construction is 88.44% complete.
88.44 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...