02/06/2026
Check out this 2,032m² lot we successfully financed and now pending settlement 🤝
Most people just see a big lawn and a long driveway 😀
Our client is a builder and knows the area well, so to him this is a 5 lot subdivision with ability to construct 5 separate stand alone homes 🏡
Securing the site:
Traditional lender was not an option in this instance so we went to a non bank lender after all our initial due diligence was conducted.
Company borrower ✅️
Interest only loan facility ✅️
40 year loan term (YES a 40 year term) ✅️
Favourable servicing ✅️
Purchase treated as a standard investment purchase, not a development site as there is no DA in place ✅️
Construction funding will be equity release and sale proceeds via other properties ✅️
The takeaway? Don't get stuck trying to force a square peg into a bank's round hole.