Sheaffe St Project Pty Ltd5 & 9 Sheaffe Street, Bracken Ridge QLD 4017
Borrower: Sheaffe St Project Pty Ltd
GPS Invest loan amount: $5,899,400
Maturity Date: 1 February 2021
LVR: 68.12% on completion
Return: 8.25% p.a. payable monthly in arrears
The proposed development will consist of 18 residential townhouses built within five separate two storey buildings. The development comprises of fifteen three-bedroom and three four-bedroom townhouses. The three-bedroom townhouses include single lock up garage and the four-bedroom townhouses include double access lock up garages. Communal facilities will include a BBQ area with seating.
1 townhouse is sold.