Development Finance Partners (DFP) was engaged by a seasoned property developer to arrange the rollover and extension of an existing land finance facility for a DA-approved residential subdivision site in Austral, New South Wales. The site is earmarked for a Torrens Title subdivision of 44 lots.
The developer, who specialises in land development, project management, and advisory across the Sydney region, had recently secured Development Approval (DA) and obtained an updated valuation reflecting a significant uplift in land value.
With the construction phase on the horizon, the client required an extended funding solution that allowed time to finalise approvals and prepare for development finance, without unnecessary cost or disruption.
The property had originally been acquired with land finance in place. Upon DA approval and valuation uplift, the client sought to:
Extend the existing facility by 12 months
Increase the loan amount to capitalise interest for the extended term
Maintain cost efficiency while preparing for the next funding stage
DFP was tasked with structuring a solution that supported these objectives and allowed a smooth transition into the construction phase within 6–12 months.
Key Metrics
Loan Amount: $8,750,000
Loan Type: Rollover of Land Finance
LVR: 70% of updated DA-approved land value
Term: 12 months (6-month minimum)
Security: DA-approved subdivision site
Location: Austral, NSW
The existing facility was nearing expiry, and an extension was urgently required
The developer needed to increase the facility to cover capitalised interest
The rollover had to reflect the uplift in land value from DA approval
A minimum term of 6 months was needed to control costs while planning the development funding transition
DFP worked closely with the incumbent financier to:
Negotiate an extension of the land facility for an additional 12-month term
Secure approval for an increased loan amount, reflecting the newly uplifted valuation
Capitalise interest and fees within the new term, improving cash flow
Ensure a 6-month minimum term, providing cost control while allowing flexibility for the transition into construction funding
This allowed the client to maintain momentum on the project without financial strain or funding delays.
$8.75 million facility extended and increased
Funding aligned with DA uplift, reducing additional equity requirements
12-month term secured, with capitalised interest included
6-month minimum term negotiated, reducing holding costs
Developer positioned for a smooth transition into construction finance
This case highlights DFP’s expertise in managing rollover land finance solutions that align with evolving project milestones. By extending and increasing the facility based on new valuation metrics, DFP enabled the client to move confidently toward delivery of a 44-lot subdivision in one of Sydney’s high-growth corridors.
Whatever the size of your development plan, DFP have a wealth of experience and strong relationships to help you succeed. Contact us to explore your tailored finance options.