Creekwood Villas Pty Ltd

Lot 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.

21 unit/s sold.
Construction is 100% complete.
100 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...