Salozza Developments Pty Ltd16 Troughton Road, Sunnybank QLD 4109
Borrower: Salozza Developments Pty Ltd
GPS Invest loan amount: $4,134,200
Maturity Date: 23 November 2020
LVR: 69.54% on completion
Return: 8.25% p.a. payable monthly in arrears
The approved development will comprise of 16 units within a five-level building plus a small communal roof garden / terrace. The ground floor will comprise of car parking, twenty in total with two allocated for visitors. A passenger lift will access all levels. All of the units will have covered balconies.