Development finance on the Gold Coast.

The northern growth corridor is producing most of the Gold Coast's new supply. Coomera, Pimpama and Ormeau are absorbing townhouse and mid-rise projects on the back of the $3 billion Coomera Connector, while the coastal strip from Southport to Burleigh keeps pushing height, with more than a dozen residential towers approved or under way. The scale runs from four-townhouse infill sites up to schemes like Cadmium's four towers on Foxwell Road.

Banks will fund the safest of these and not much else. They want deep pre-sales and low leverage, and a track record that a first or second-time developer has not built yet. Private development finance is the way around that. It reads the site, the feasibility and the exit rather than applying a fixed pre-sale hurdle, which is often the only thing standing between a boutique Gold Coast developer and getting a scheme out of the ground.

Development finance carries the whole project: the land, the construction draws and the holding costs through to when the finished stock sells. We size it against gross realisation value and total development cost and structure it so the numbers hold across the full program, not just the build phase.

It fits townhouse and unit projects, small land subdivisions and mixed-use schemes, and we can place deals with light or no pre-sales where the feasibility carries them. If your project is really a single build rather than a multi-stage development, construction finance is the simpler and cheaper structure.

Most of our current Gold Coast development activity sits in the northern corridor and the coastal high-rise strip, but we take on sites anywhere across the city and through the wider South East.