Camalee Investments Pty Ltd

50 Lade Street, Gaythorne QLD 4051

Borrower: Camalee Investments Pty Ltd
GPS Invest Loan Amount: $2,336,200
Term: 16 months
LVR: 64.98%

Finance provided for a residential townhouse development (‘Luca on Lade’) by successful, repeat GPS borrower. To be constructed are six three-bedroom residential townhouses in the popular suburb of Gaythorne, close to amenities.

Each townhouse will have two carparks (either lock up garage or undercover carport), with additional visitor parking provided for two vehicles. The builder is also a repeat GPS client and this team has completed several successful developments together.

 

Recent updates

View all updates

April 2021 – Hands on loan management

GPS is in the business of risk management. In our February...

March 2021 – Brisbane planning changes cause slowdown in new projects

It was a slower than usual start to the year for...