First Mortgage Construction Facility

Multi-stage retirement village, northern suburbs, Brisbane

In early 2022 CVS Lane provided a funding facility for Stage One of a state-of-the-art retirement village in a northern Brisbane suburb.
Stage one will consist of 53 self-contained residences (known as Independent Living Units or ILUs) as well as key common areas for the entire three-stage complex. When fully completed the 3.9-hectare site will comprise 145 ILUs, with an expected end value of approximately $63 million.
With migration into south-east Queensland currently at unprecedented levels the development is designed to meet rapidly growing demand from retirees in the local catchment area.


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