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Borrower: Neal & Elliot Pty Ltd
GPS Loan Amount: $2,519,375
Maturity Date: April 2026
LVR: 69.50%
Construction of 6 townhouses in the suburb of Beenleigh. The borrower is new developer/builder to GPS, but saw our site sign on a currently funded Beenleigh project nearby and thought he would see what we can do!
The project is 35km from the south of the Brisbane CBD with proximity to local schools, public transport, a shopping mall and golf course.