EMI Pty Ltd (Stage 2)

29 Arafura Avenue, Loganholme, QLD, 4129

Borrower: EMI Pty Ltd
GPS Invest loan amount: $1,624,800
Maturity Date: 23 October 2019
LVR: 69.79% on completion
Return: 8.25% p.a. payable monthly in arrears

The approved development will comprise of six four-bedroom townhouses within two buildings. A central driveway from the easement driveway will provide access to the townhouses. Each townhouse will be over two levels and comprise of a double garage, powder room, laundry and open plan living / dining and kitchen on the ground floor with four bedrooms, two bathrooms (one an en-suite) and an open multi-purpose room to the first floor.

Construction is 93.21% complete.
93.21 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...