Albany Creek Development Pty Ltd (Stage 2)

Borrower:  Albany Creek Development Pty Ltd GPS loan amount: $15,526,265 Maturity Date: June 2026 LVR: 65.00% Construction of 21 x 3 Bedroom Residential townhouses Located in the northern Brisbane suburb of Albany Creek, this project is stage 2 of the recently completed GPS-funded project, Parqway, also at 45 Greensill Rd. The site, featuring riverfront townhouses, embraces both the natural landscapes of Brisbane’s northern suburbs while remaining a daily commute distance from Brisbane’s CBD (approx 17km). The site is further serviced by 6 schools, public transport, community facilities, essential shops and restaurants.