In a more recent case study to share, a client approached Finance Advocates with strict instructions that No Pre-Sales were required on their 4 townhouse project in Mordialloc. They believed that they will obtained better results once construction was started rather than before any soil was turned.
Finance Advocates was able to arrange this facility for the client with a second tier bank at 75% of TDC cost.
The project commenced and all four townhouses were sold within a month at above expected amounts. Another happy client.
If you’re looking for superior property development project finance Finance Advocates can assist. Get in touch for a complimentary feasibility analysis. Call 1300 780 196. Or simply visit www.financeadvocates.com.au and register your interest via our enquiry form.