584 & 588 Boundary Street, Spring Hill QLD 4000

Borrower: KV NO 1 Pty Ltd ATF KV NO 1 TRUST, KV NO 2 Pty Ltd ATF KV NO 2 TRUST, DV NO 1 Pty Ltd ATF DV NO 1 TRUST and DV NO 2 Pty Ltd ATF DV NO 2 TRUST
GPS loan amount: $5,231,500
Co-Funder loan amount: $5,231,500
Loan term: 16 months
LVR: 60.67% on completion (total loan amount)
Completed: October 2017

Construction of 30 residential units, plus the renovation of 1 pre-existing dwelling.

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...