GPC Projects Pty Ltd73 Primrose Street, Sherwood, QLD, 4075
Borrower: GPC Projects Pty Ltd
GPS Invest loan amount: $4,846,700
Maturity Date: 12 February 2020
LVR: 63.76% on completion
Return: 8.25% p.a. payable monthly in arrears
Invest in the construction of 16 residential apartments. The site is within a central location being approximately 8km from the Brisbane CBD, with an abundance of public transport nearby. Ipswich, Rosewood and Springfield lines are all accessible from both Corinda and Sherwood railway station being either 600m north or south. Shopping hubs and infrastructure to the North-West provide additional amenities.
The point of difference between this development, and the recently completed units throughout Sherwood, is that it is targeted towards the owner-occupier market, with larger floor plans and higher quality finishes.