Thompson DK Properties Pty Ltd – Stage 211 Oleander Street, Daisy Hill QLD 4127
Borrower: Thompson DK Properties Pty Ltd ATF The Thompson DK Properties Fund
GPS Invest loan amount: $2,406,300
Maturity Date: 4 November 2018
LVR: 69.93% on completion
Return: 8.25% p.a. payable monthly in arrears
Funds are sought by the Borrower Thompson DK Properties Pty Ltd to assist with the construction of 9 residential townhouses at 11 Oleander Street, Daisy Hill QLD 4127. To be constructed will be 9 x three bedroom townhouses, each with a double lock up garage. Townhouses 3 and 4 will be single level with two bathrooms. The remaining 7 townhouses will spread across two levels with two bathrooms plus a third toilet on the lower level. The development will include a communal swimming pool and five visitor car parks.