Joseph K Corp Pty Ltd11 Collins Street, Nundah QLD 4012
Borrower: Joseph K Corp Pty Ltd
GPS Invest loan amount: $3,725,500
Maturity Date: 31 October 2018
LVR: 69.22% on completion
Return: 8.25% p.a. payable monthly in arrears
Construction of 13 (two bedroom, two bathroom) units constructed over four levels at 11 Collins Street, Nundah. One unit and unsecured car parking will be located on the ground floor. There will be four units each on levels 2-4, with communal open space and a foyer/entry way. A lift will service all floors.
Bus and rail transport, public and private schools, regional shopping facilities, cafes, restaurants, parks and sporting facilities are all in close proximity.