Property development finance
Note: Opening hours may Differ due to COVID-19
Days | Opening Time | Closing Time |
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Monday | 9:00 AM | 5:00 PM |
Tuesday | 9:00 AM | 5:00 PM |
Wednesday | 9:00 AM | 5:00 PM |
Thursday | 9:00 AM | 5:00 PM |
Friday | 9:00 AM | 5:00 PM |
Saturday | 9:00 AM | 5:00 PM |
Sunday | 9:00 AM | 5:00 PM |
Property development finance - We are Brokers with a wealth of experience raising finance for Property Development, including residential building, commercial building, and specialised. How much can I Borrow? • Multi-residential development: Borrow up to 75% of the total development costs (TDC), or up to 65% of the on completion, or gross realised value (GRV) excluding GST. • Commercial Property development: Borrow up to 60% of the total development costs (TDC), or up to 55% of the gross realised value (GRV) excluding GST. • Max Facility Limit: Up to $100 million. • Max term: Up to 36 months • Repayment Source: Interest can be capitalised • Interest/Fees: Case by case, broadly 0.30-0.50% Establishment Fee and All In rate 5.50%-7.50% pa. • Pre-Sales: Under $2M lending, case by case. Over $2M, 50-120% of debt cover. • Residual Stock Lending: Case by case, depends on location and sponsor. Different banks have different interest rate structures. Some will charge a Line Fee, others charge an All In rate. More Info>> https://yorkfinance.com.au/services/property-development-finance/ Our Contact: ********* 7, 43-45 Burns Bay Road, Lane Cove, NSW 2066
Location: Gold Coast
Contact No. ******4888 View
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