Jamil Group Pty Ltd

131-139 Sir Fred Schonell Drive, St Lucia QLD 4067

Borrower: Jamil Group Pty Ltd ATF the Tom & Jerry Trust
GPS Invest loan amount: $6,668,600
Maturity Date: 10 June 2020
LVR: 57.62% on completion
Return: 8.25% p.a. payable monthly in arrears

The development will consist of 34 apartments over four levels above a suspended car parking level with access from Raven Street. A lower lobby area/pedestrian entrance fronts Sir Fred Schonell Drive.

The building will comprise a combined car parking level with a split tower design from levels one to four. Various design types incorporate additional study/multipurpose areas. There is one three-bedroom design type which has both a study and a multi-purpose room. Apartments are configured eight per floor on the ground level, nine per floor on level two and three, and eight on level four. A communal recreation area is provided on level one with plunge pool and BBQ facilities.

7 unit/s sold.
Construction is 68.67% complete.
68.67 Complete

Recent updates

View all updates

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...