CPC Bay Pty Ltd10-12 Bay Terrace, Wynnum QLD 4178
Borrower: CPC Bay Pty Ltd
GPS Invest loan amount: $7,409,000
Maturity Date: 19 July 2021
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.