A Queensland-based development group sought to establish a new master-planned residential community in the Bundaberg Region. With updated approvals in place and civil works ready to commence, the developer required a funding partner capable of delivering flexible finance aligned with the project’s scale, timeline, and regional characteristics.
The approved masterplan featured staged residential lots located along the coastal corridor of Bundaberg an increasingly attractive destination for both locals and interstate buyers, drawn by its lifestyle appeal, natural surroundings, and access to essential amenities.
The site was strategically positioned to deliver much-needed housing in a high-demand regional market. Its scale and staged rollout offered flexibility to adapt to evolving market conditions while supporting long-term project viability.
Key Metrics
Despite strong fundamentals and approvals in place, the project’s regional location and limited early presales created challenges in securing finance. Traditional lenders were hesitant to engage given that only four presales had been secured at the time of funding application—below the typical thresholds required for construction loans.
The developer needed a funding solution that could:
DFP delivered a tailored, end-to-end strategy to overcome the funding barriers. By leveraging strong lender relationships and in-depth experience with regional developments, DFP sourced two competitive loan options suited to the project’s unique delivery model and presale status.
To facilitate a smooth and timely approval, DFP:
This proactive, hands-on approach enabled the developer to secure funding with confidence and maintain critical project momentum.
DFP successfully secured a $10.1 million construction facility that covered 100% of Stage 1 civil works. The financing allowed the developer to commence works on schedule while preserving equity and liquidity. This has enabled the project to be well positioned to meet Stage 1 delivery targets and accelerate future stages.
Key Outcomes:
This case highlights the value of strategic finance structuring in regional markets. While traditional lenders imposed rigid presale requirements, DFP identified and delivered a flexible funding solution aligned with the project's vision and market potential.
By unlocking capital at a critical moment and removing restrictive lending conditions, DFP helped transition this development from planning to delivery—ensuring project momentum, adaptability, and a clear path toward long-term success.
I engaged with DFP early, when we first began exploring the idea of developing our land, a major shift from our original plan to simply hold the asset. I knew that if we moved forward, I’d need support securing funding for both approvals and, later, construction.
The approval process was anything but smooth. We faced multiple delays and challenges that drained both time and capital. As funds began to run low, I needed finance that traditional banks wouldn’t offer, especially for a greenfield project. That’s when DFP stepped in.
They understood the complexity of our project and worked closely with me to secure fast, flexible funding that aligned with our long-term vision. Their support helped us avoid costly delays and keep the momentum going through the approvals phase.
Once approvals were in place, I had no hesitation returning to DFP for construction finance. They acted quickly, combining the original facility with the new loan, streamlining the structure, reducing costs, and allowing us to move into delivery without disruption.
I’d confidently recommend DFP to anyone undertaking a development. Their experience, responsiveness, and genuine commitment to their clients really stand out.
Thank you to the entire team—Bob, Baxter, Matthew, Kate Rundle and also to Tracy from Dash Credit. It’s been a pleasure working with you all.
Thank you, Team DFP!