Star Angel Australia Pty Ltd67 Dansie Street, Greenslopes, QLD, 4120
Borrower: Star Angel Australia Pty Ltd ATF the Star Angel Australia Trust
GPS Invest loan amount: $2,630,100
Maturity Date: 16 July 2019
LVR: 68.15% on completion
Return: 8.25% p.a. payable monthly in arrears
Construction will involve the partial demolition of the existing house and renovation to incorporate three bedrooms, two bathrooms, open plan living areas upper level and a covered veranda. A rumpus room and a four car garage make up the lower level. Five new townhouses will be constructed each with three bedrooms (one with ensuite), two bathrooms and single car parking over two levels. All will have exclusive courtyards and will be finished to a very good standard.