
Subdivision Finance
Bannockburn, Otago
Bannockburn, Otago
40%
LVR
$5m
Capitalised
12 months
Term
In Bannockburn, Otago, Atlas Capital arranged a $5,050,000 fully capitalised facility to support a purchase and equity release. The loan was structured at a 40% loan-to-value ratio (LVR) with a 12-month term.
The neighbouring farm was purchased by three partners who plan to subdivide an amalgamated lot spanning both properties, located near Cromwell.
When others can't secure finance, we can.
Finance shouldn't be the barrier between you and your project's completion. Contact us to explore your options - because where there's a will (and a property to develop), there's a way. We offer a free strategy session to explore your options and plot a course to financing success.