$11.3M Development Facility Accelerates Bellevue Hill Construction
Construction delays don't always happen on site.
Sometimes the biggest challenge is getting the project started.
After more than 10 months navigating the council approval process, an experienced developer required a funding partner capable of moving quickly once approval was secured.
Assetline provided an $11.3 million residential development finance facility, enabling construction to commence without unnecessary delay while also releasing equity already invested into the project.
The Project
An experienced developer was preparing to construct a high-end luxury residence in Bellevue Hill, New South Wales.
Although planning approval had taken more than 10 months, the developer wanted to capitalise on favourable construction conditions once approvals were in place.
Timing was critical.
The project required a lender capable of assessing the opportunity quickly and providing funding that would allow construction to commence immediately.
The funding also needed to release equity the developer had already invested into the project.
Why Timing Matters in Development Finance
Development opportunities don't wait.
Planning approvals, construction pricing and market conditions all influence the timing of a project.
When approvals are delayed, developers need confidence that funding can move quickly once the project is ready to commence.
A responsive funding partner can help minimise lost time and keep the project moving.
The Assetline Solution
Assetline structured an $11.3 million residential development finance facility tailored to the project's requirements.
The funding solution included:
Residential construction finance
18-month loan term
Funding for a high-end residential dwelling
Equity release for capital already invested
Fast mobilisation following council approval
Commercial assessment aligned with the developer's construction program
Working closely with the developer, Assetline provided the certainty needed to move quickly once approvals had been obtained.
"The value we bring isn't simply approving development finance—it's being ready to move when the project is ready to move."
Davide Bini
General Manager - Development Finance
Deal Snapshot
Facility | $11.3 million |
|---|---|
Product | Development Finance |
Project Type | Luxury Residential Construction |
Location | Bellevue Hill, NSW |
Loan Term | 18 months |
Funding Purpose | Construction Finance |
Additional Funding | Equity Release |
Project Stage | Construction Commencement |
Why This Structure Worked
Once planning approvals were secured, the developer needed certainty rather than delays.
By combining responsive credit assessment with commercially structured funding, Assetline enabled construction to commence quickly while also releasing equity already committed to the project.
The funding structure aligned with the developer's delivery program and allowed work to begin during favourable construction conditions.
Common Development Finance Scenarios
Assetline regularly funds:
Luxury residential construction
Development finance following DA approval
Construction commencement funding
Equity release for developers
Residential construction facilities
Development site refinances
Mid-construction funding
High-end residential projects
Frequently Asked Questions
What types of residential construction projects can Assetline fund?
Assetline can consider luxury residential homes, townhouse developments, apartment projects and other residential construction opportunities, subject to assessment.
Can Assetline fund projects after council approval?
Yes. Assetline regularly assists developers once planning approvals have been secured and projects are ready to commence construction.
Can equity already invested into a project be released?
Subject to assessment, Assetline may be able to release equity already invested as part of a development finance facility.
What loan sizes are available?
Development finance facilities are available from $5 million to $40 million, subject to lending assessment.
Can Assetline work with experienced developers?
Yes. Assetline partners with experienced developers seeking commercially structured funding solutions across a broad range of residential projects.
