6 – 12 Auster Street, Redland Bay QLD 4165

Loan amount: $19,505,220*
Term: 15 months
LVR: 64.99%

The development consists of the construction of 27 high end apartments and 6 adjacent high-end townhouses. Each townhouse will comprise 3 bedrooms and 2.5 bathrooms. Of the 27 apartments, twenty-one will comprise of 3 bedrooms and 2 bathrooms, three will comprise of 2 bedrooms and 2 bathrooms and one will comprise of 3 bedrooms and 3 bathrooms.

*Co-funded 50/50 with another lender.