17 – 19 & 21 Passage Street, Cleveland QLD 4163

Loan amount: $14,421,700*
Term: 16 months
LVR: 62.12%

Finance for the construction of 29 residential apartments over 6 levels, known as “Aquence Towers”, by knowledgeable and highly experienced developers.

The apartments will be finished to a high ‘boutique’ standard, with many benefiting from superior bay views. Communal building amenities have been deliberately minimised to reduce Body Corporate Fees.

The development is close to cafes, restaurants, schools, and shops. Public transport is easily accessible with a bus stop within 100 metres and the Cleveland train station nearby.

*Co-funded 50/50 with another lender.