Development Site Acquisition

2 August 2023


300+ Apartment Site

The Brokerage recently arranged funding to assist our client with the acquisition of a raw residential development site with capacity for 300+ apartments.

Our team was able to secure a non-bank site facility at 100% of the purchase price due to the large uplift in the asset valuation created between option agreement and settlement date.

We take pride in helping our clients navigate the complexities of the property market and achieve success in their development projects.

Please reach out if you’d like to discuss your financing options for all of your commercial needs.

Loan Amount$36,000,000
LVR65% (of valuation)
Interest RateBBSY + 6.95% p.a (variable)

To find out more about how we can help, contact our team today.