Freeman Road Project Pty Ltd70 Freeman Road, Durack QLD 4077
Borrower: Freeman Road Project Pty Ltd
GPS Invest loan amount: $5,638,700
Maturity Date: 24 October 2020
LVR: 69.98% on completion
Return: 8.25% p.a. payable monthly in arrears
The development consists of the construction of twenty townhouses, six three-bedroom and fourteen four-bedroom, built within five separate two storey buildings. The three-bedroom townhouses will include a single lock up garage and the four bedroom townhouses will include a double access lockup garage. Communal facilities will include a BBQ area.
10 townhouses are sold