Development Finance

Development Finance Sydney

Aquamore assists Australian developers to acquire the right finance for capital-intensive residential and commercial real estate projects. As a boutique development finance lender in Sydney, we offer bespoke, fast, and flexible developer finance options for all types of development projects.

Our unique expertise in commercial financing, combined with our broad network of top brokers has provided us with the ability to provide fast development finance, structured for flexibility and tailored to your unique situation. We are the preferred choice for brokers with larger, more complex commercial transactions who appreciate efficiency, transparency and competitive rates – providing financing for small and large-scale developments across the property sector and building industry.

We have a diverse range of clients across all of Australia – from private investors building their property portfolio to expert property developers with years of industry experience – speak with our development finance experts today on 02 9258 8888 for easy and fast development finance options.

What Is Development Finance?

Property development finance, also known as construction loans, serves as a short-term funding option offered to companies of all sizes who intend to develop commercial real estate, a subdivision, or residential properties. This type of commercial financing for development can be used to fund new builds, conversions, renovations, refurbishments, eco-friendly buildings, and land purchases.

Development finance provides builders with access to the necessary capital required to cover the costs of a project – with cash flow always being a crucial factor to a project’s success. It’s unfortunately quite difficult for smaller businesses to qualify for financing from the big banks and mainstream lenders, as no profit is realised on the development until well after the properties are built and sold.

Contact us today on 02 9258 8888 to understand how much you can borrow for your development loan.

The Aquamore Difference

  • Flexible terms available – from 3 months to 24 months
  • Competitive Rates on First Mortgage: 8%+ p.a.
  • Minimum loan size – $100k
  • Maximum Loan size – $30m
  • Low Establishment fee –  2.2%
  • Up to 75% LVR
  • Up to 75% of development costs and professional fees covered
  • Second Mortgage mezzanine funding available –  rates starting at 1.2% p.a.

Client Case Study

Loan Size:  $3,490,500

Loan Term: 12 months

Loan Purpose: Acquisition of land

Company Profile: An Australian-owned building company based in New South Wales, specialising in affordable housing development.

Use & Structure: The loan amount assisted a developer with the financing of 5 building sites in Queensland and New South Wales

Loan-to-Value Ratio (LVR): <60% with interest serviced monthly.


  • First registered mortgage security over 5 properties.
  • First Ranking General Security Agreement over all the assets and undertakings of the Borrower.
  • Share Mortgage over the Borrower.
  • Directors’ and/or Personal Guarantees of the Borrower

How much can I borrow?

Aquamore offers development loans from $500k – $7.5m+.  Every private development finance provider will have their own lending criteria, terms, and conditions with regards to the construction loan amount they can offer. When calculating how much you may need to finance, things to consider are:

  • The value of the land
  • Total build costs
  • Solicitors/legal fees
  • Contingency costs
  • Completion fees
  • Brokerage fees (if applicable)

We can offer up to 85% of the total development costs.

Sydney’s best development finance lenders

Property development can be a complicated field to navigate, particularly with regards to construction finance. For every successful construction project, the right development finance tailored to your specific situation is essential.

When considering your funding options, an important first step is to analyse the best and worst cases scenarios on how substantial the project will be, the timeline for major milestones from start to finish, and the costs for completion.

Aquamore takes pride in our knowledge, experience, and commitment to our clients in offering the best construction finance loans. We support hundreds of new and experienced real estate developers and investors in realising their goals. We handle all aspects of the loan acquisition process on your behalf and take the pressure away from ensuring you get the right funding for every stage of your development project.

Connect with us on 02 9258 8888 or apply now and a Development Finance expert from Aquamore will get back to you ASAP.

How does development finance work?

Development loans are short-term funding options to help developers cover the costs of residential or commercial development projects. Typically, a builder, developer or construction firm can borrow up to 75% of the cost of their development and repay the loan in monthly instalments over a period of two to 24 months. You can use the loan to pay for individual new builds, refurbishments, conversions and large development projects.

In most cases, there are two key parts to the development finance package. The first part of the loan is generally used to purchase a development site. The second part of the loan covers all the associated construction and finalising costs. You’ll usually get the money you need to purchase the development site in one lump sum. Each case is unique, but typically, you’ll receive a portion of your total funding for the building works every month as the work is gradually completed.

Essentially, we provide development finance, when you’re building a property portfolio, to help you obtain the money you need to get on with your project quickly. Despite our competitive interest rates, which start at 7% per annum, and industry expertise, we can often provide development finance to investors in cases where the high street banks won’t.

How we determine your eligibility for development finance is based on a range of factors, such as the estimated value of the completed project and your property assets. It may be the case that an independent surveyor signs off on your development as certain tasks are completed, just to make sure everything’s running smoothly – and so that nothing like a lack of funding slows you down unnecessarily. 

We’re a team of passionate experts that works hard to make sure all parties make a return on their investment. If you want to find out whether you’re eligible for development finance, you can either apply online or call our advisors for help.

How do you get a loan for property development?

When it comes to getting a loan for property development, most investors either use the equity from their existing business or approach a high street lender. However, if you leverage the equity from your current property portfolio to pay for a new development, your monthly expenses will increase. Unfortunately, many high street lenders are unwilling to provide loans to developers, especially those in need of millions of dollars to cover the total costs.

Banks can also make things a little tricky. The application process for large projects can take weeks and even months. Following the application process, you might be faced with a rejection or, at best, a loan with extortionate and unrealistic interest rates. At Aquamore, our aim is to make development finance as straightforward, fair and risk-free as possible. We succeed at what we do by helping investors make significant returns on their development projects while ensuring our fees are as fair as possible. And we look at more than just your investment history and income to determine your eligibility. We look closely at the potential gains for your project as well as take the time to understand your development intentions. This allows us to be able to provide financing to people who simply can’t get it from the banks. Because we offer loans that are secured against your assets, we can often provide funding to those with poor credit histories.

To get a loan and find out how much you’re eligible to borrow, simply apply online. It only takes a few minutes to get started. Using our quick application form, you can let us know how much you need, what you wish to use it for, and for how long you want to borrow it. If you can tell us how the investment will benefit the borrowing entity, it’ll speed up the review process. 

Our minimum loan size is $100,000, though we can lend up to $5 million. As mentioned above, our interest rates start at 7% per annum and can be adjusted based on your eligibility and your construction deal. Our team of experts can look at applications on a deal-by-deal basis, allowing us to determine the fairest rates for all parties involved. We also charge a small establishment fee, which is usually 2.2% of your loan’s value, to get the ball rolling.

How much money do you need to develop property?

How much it costs to develop a property depends on your objectives. Do you plan to purchase a plot of land to build a new development from scratch? If so, how many units will you construct? Would you rather buy an existing development that you can transform into a commercial building or a residential block of apartments?

Land prices are increasing in many parts of Australia, and that trend is likely to continue, making now a smart time to consider investing in a development that could pay dividends in the space of a couple of years. In most cases, you’ll need a deposit of at least 25% if you intend to borrow from the bank.

Don’t forget that you’ll need a buffer just in case anything goes wrong or delays your project. Sometimes, the construction industry can be unpredictable. Even turbulent weather conditions can put developments on hold for several weeks. It’s a good idea to get advice regarding potential unexpected costs. If you need expert advice, our lines are open.

You should also remember that other expenses will have an impact on how much profit you actually stand to make from your development, so err on the safe side when calculating your potential costs and returns (we can help you with that). You may want to speak with a tax specialist about things like ownership structure, GST, sale times, distribution of profits, holding costs, asset protection, and more.

We’re often able to provide funding in circumstances where it would otherwise be next to impossible. We can lend millions of dollars to build a large-scale project, and our finance plans cover up to 75% of the total cost of your development. That means that you won’t have to worry about a lack of capital holding up or putting an end to your investment plans. 

Our team consists of experts that can provide advice on all aspects of your development and financing. We’ve already helped countless Australian developers make their ideas become a reality, and we can do the same for you. Apply for development finance today or call us to find out what separates us from typical lenders.


Phone: +61 2 9258 8888
Fax: +61 2 9258 8899