Union Share Pty Ltd (Stage 3)4A – 8 Hansford Road, Coombabah QLD 4216
Borrower: Union Share Pty Ltd (Stage 3)
GPS Invest loan amount: $6,073,100
Maturity Date: 20 December 2020
LVR: 66.64% on completion
Return: 8.25% p.a. payable monthly in arrears
The project consists of the construction of nineteen residential townhouses, being the third of a three-staged development. Each townhouse includes a tiled patio, master walk in robe and ensuite, built in robes in the remaining bedrooms, timber look floors, full height tiling to the bathrooms and 2.7 metre ceilings throughout, which is intended to appeal to the owner occupier market.
5 townhouses are sold.