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Borrower: Lamington Road Project Pty Ltd
GPS Invest loan amount: $13,467,350
Maturity Date: 18 months from settlement - approx Sept 2026
LVR: 68.91%
Construction of 45 residential townhouses.
This project is for a repeat borrower of GPS in the growing suburb of Mango Hill. Mango Hill is 33km from the Brisbane CBD and only 3km from the North Lakes Business District that includes Costco, Ikea and the North Lakes Westfield Shopping Centre.