Camalee Investments Pty Ltd ATF Camalee Investment Trust

21 Hawthorne Street, Enoggera, QLD, 4051

Borrower: Camalee Investments Pty Ltd ATF Camalee Investment Trust
GPS Invest loan amount: $3,148,100
Maturity Date: 3 August 2019
LVR: 69.92% on completion
Return: 8.25% p.a. payable monthly in arrears

Construction of seven townhouses each over three levels, with three bedrooms and two bathrooms (one an en-suite). Townhouses 8, 10, 12, 13 and 14 will have an additional powder room (third toilet). Townhouse 9 will have a fully enclosed car port, townhouses 12, 13 and 14 will have a single garage each. Townhouses 8 and 10 will each have a tandem garage and townhouse 11 will have a double garage.

5 unit/s sold.
Construction is 100% complete.
100 Complete

Recent updates

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When the funding dries up

I continue to see too many instances where funding for a...

Builder cashflows are suffering

Following several conversations with builders GPS has commenced a program to...