42 Marmion Parade, Taringa QLD 4068

Borrower: Marmion Developments Pty Ltd as Trustee for Marmion Terrace Homes Trust
GPS loan amount: $8,251,800
LVR:  69.99%
Maturity Date: August 2026

Construction of three 4-bedroom and three 3-bedroom townhouses in the heart of Brisbane’s growing suburb of Taringa, just 7.7kms southwest of the CBD. Upon completion, this project will offer much needed stock to this expanding residential space and will add to GPS’s strong portfolio of West-Brisbane-based projects.

To be known as ‘Le Maison’, the site is conveniently located within walking distance to major commercial and transport facilities, including Taringa Train Station (700m), Coles Local Taringa (500m), and Indooroopilly Shopping Centre (1.2km).