WE SPECIALISE IN ALL TYPES OF PROPERTY CONSTRUCTION & DEVELOPMENT FINANCE
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
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
Spinnaker Capital can fund the initial purchase of property prior to the development of the site right though to construction 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 $1 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
DEVELOPMENT FINANCE PROJECTS
- 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.