Queensland Industrial Pty Ltd

12 Louis Street, Redcliffe, QLD, 4020

Borrower: Queensland Industrial Pty Ltd
GPS Invest loan amount: $3,719,100
Maturity Date: 28 January 2020
LVR: 63.52% on completion
Return: 8.25% p.a. payable monthly in arrears

Construction of six two-bedroom and six three-bedroom units over four levels with secure car parking for sixteen vehicles on the ground floor, communal open space and foyer/entry way into the building. Internal unit sizes are generous and range from 94m2 – 120m2 (two bedroom) to 110m2 – 166m2 (three bedroom). A passenger lift will service all floors.

2 unit/s sold.
Construction is 92.28% complete.
92.28 Complete

Recent updates

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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...