Development Finance

If you're a property developer looking for funds to get your building project off the ground or ready for completion you've come to the right place. Spinnaker Capital provides first and second mortgage property development & construction finance. Our substantial property expertise and private funds means quick credit processing and if urgently required, same day approvals. Call to discuss your developer mortgage requirements today!

Types of Residential Property Development Finance:
  • Multi-unit residential development finance
  • Single high-end homes
  • Townhouse development finance
  • Residential subdivision finance
  • Finance to develop bare land 
  • Residential new build finance 
  • Residential refurbishment finance
  • Residential project construction finance 

Types of Commercial Property Development Finance:
  • Apartment tower development finance
  • Office building development finance
  • Retail complex development finance
  • Industrial building development finance
  • Industrial land subdivision finance
  • Business property finance
  • Commercial building development finance
  • Commercial land subdivision finance
  • Commercial building construction loans

Spinnaker Capital can fund the initial purchase of property prior to the development of the site right though to construction funding and development completion.

We are able to provide property development finance without requiring presales at competitive interest rates.

INDICATIVE LENDING TERMS:                                                    

(Please contact us to discuss your requirements)

Facility From $2 million to $30 million

Term Up to 24 months

LVR Up to 80% of value and 100% of cost

Interest Payments Interest capitalised, part capitalised or payments paid


  • 8 unit retail centre in Pakuranga, Auckland. $8 million.
  • 14 unit retail centre in Albany, Auckland. $8 million.
  • 10 Lot Subdivision and five Spec Houses, Whangaparoa. $2 million.
  • Six freestanding houses on Redoubt Rd, Manukau. $1.7 million.
  • 10 Lot Lifestyle Subdivision in Stillwater, Auckland. $2 million.
  • Industrial Design Build and Future Development Land, Te Rapa, Hamilton. $2.9 million.
  • Development facility to complete a 500sqm house in Auckland prior to existing house being sold. $2.1 million.
  • Two Residential Subdivisions in Flat Bush, Auckland $11 million.
  • 4 Lot Subdivision and 4 spec houses in Avondale, Auckland $1.4 million.
  • Construction of two luxury townhouses in Central Queenstown $2.8 million.
  • Construction of 15 spec houses in Papakura, Auckland $4.5 million.
  • Development facility to complete a 32 lot subdivision in Okura, Auckland $9.5 million.
  • An 11 unit retail centre in Rosedale, Auckland $4.5 million.
  • A 15 lot subdivision in Riverhead, Auckland $1.5 million.
  • 5 luxury townhouses in Greenlane, Auckland $2.2 million.
  • 5 luxury townhouses in Orakei, Auckland $6 million.
  • Development facility to complete 24 apartments in Riccarton, Christchurch $5.6 million.
  • Development facility for a 5 lot subdivision in Whitford, Auckland $5.6 million.
  • A 42 lot subdivision in Silverdale, Auckland $12 million.