50 Fifth Avenue, Kedron

GPS Invest loan amount: $9,278,100
Maturity Date: March 2026
LVR: 69.99%

Construction of 10, 3-bedroom residential units.

A boutique development of 10 units in the centrally located suburb of Kedron, just 8.6km north of Brisbane’s CBD. This site is perfectly positioned for both future owner-occupiers and investors, offering convenient travel time via nearby arterial roads, public transport accessibility, and is in close proximity to Westfield Chermside, schools, and amenities.

GPS is funding this shovel-ready project for a repeat borrower, with their previous GPS-funded project, 8 Alice Street, also in Kedron, successfully completed. The project’s builder is also well known to GPS, and is currently finalising another GPS-funded project at Albany Creek.