CPC Bay Pty Ltd

10-12 Bay Terrace, Wynnum QLD 4178

Borrower: CPC Bay Pty Ltd
GPS Invest loan amount: $7,409,000
Maturity Date: 19 July 2021
LVR: 66.24%
Return: 6.95% p.a. payable monthly in arrears

The proposed residential development comprises the construction of sixteen apartments and a three bedroom cottage. The apartment mix comprises nine two-bedroom apartments and seven three-bedroom apartment spread over four levels. The basement level consists of car parking suitable for twenty-two car spaces plus three apartments which will overlook the rear ecological area. Surrounding works includes an entry driveway and soft landscaping.

Construction is 95.68% complete.
95.68 Complete

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