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Boutique Rural Residential Value Add
Funding for land acquisition and DA approval process in a highly sought-after lifestyle location.
Transaction Overview
An experienced developer identified a prime 50-acre parcel in the Byron Hinterland suitable for an exclusive eco-retreat and premium lot subdivision. Traditional lenders required DA approval prior to funding. We provided $6.2M against the unapproved site at 55% LVR, allowing the borrower to acquire the asset and fund the extensive planning and approval process.
Key Metrics
Loan Amount
$6,200,000
Interest Rate
12% p.a.
LVR
55%
Location / Asset
Byron Hinterland
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