Wickham Hill Pty Ltd

309 Wickham Terrace, Spring Hill QLD 4000

Borrower: Wickham Hill Pty Ltd
GPS Invest loan amount: $3,796,200
Maturity Date: 18 November 2024
LVR: 66.60%

Acquisition of an income producing asset in the form of a older set of flats, with future development potential for a respected repeat GPS builder/developer. This is not a typical GPS type loan. GPS has always worked to support its repeat borrowers, and there is lots of potential in the Spring Hill area given the Brisbane Olympics and upgrade of Victoria Park. By creating a longer term, we saw it as an opportunity to offer the GPS investors an opportunity for a longer-term investment secured by a strong, income producing site.

Recent updates

View all updates

May 2022 – Interest Rates and GPS

Where interest rates are going and the ramifications to the residential...

April 2022 – GPS as always, is 10 steps ahead.

There is no secret when it comes to my views regarding...