Creekwood Villas Pty LtdLot 1705 Ellis Way, Meridan Plains, QLD, 4551
Borrower: Creekwood Villas Pty Ltd
GPS Invest loan amount: $5,861,000
Maturity Date: 2 November 2019
LVR: 68.52% on completion
Return: 8.25% p.a. payable monthly in arrears
Meridan Plains is currently undergoing large scale residential development approved by the Sunshine Coast Council as part of an emerging community. This project forms part of the 17 stage Creekwood Residential Estate Masterplan within the AV Jennings “Creekside Estate”. This comprises of lots which accommodate terrace homes, and innovative and contemporary interpretation of the traditional terrace housing concept.
The site is well positioned in terms of local amenities, close to schools, parks, supermarkets, taverns etc. Larger shopping amenities nearby include the Currimundi Markets and the Stockland Caloundra Shopping Centre.