Provincial Building Pty Ltd21 Hawthorne Street, Enoggera QLD 4051
Borrower: Provincial Building Pty Ltd
GPS Invest loan amount: $1,789,400
Maturity Date: 25 August 2020
LVR: 68.69% on completion
Return: 8.25% p.a. payable monthly in arrears
This project consists of the construction of five townhouses, each over three levels with three bedrooms and two bathrooms (one an en-suite). The townhouses will be completed to a good standard in line with the completed townhouses in previous stages.
The project site is approx. 7km to the north-west of the Brisbane CBD. The Enoggera train station is approx. 300m from the property and the suburb is well serviced by a variety of retail and commercial services nearby, including the newly established precinct at Alderley which contains a large Coles supermarket.