Loan in Spotlight: Northgate, QLD

Trilogy Funds provides financing for industrial development in Brisbane’s key logistics hub.

Trilogy Funds recently delivered a $7.32 million financing solution to refinance an existing facility with one of Australia’s largest banks and fund the construction of a four-unit industrial complex in Northgate. The loan facility included an adjoining site as collateral security pending a Council permit for a dual industrial tenancy with gross floor area of 480 sqm each and will provide a seamless transition from the current development.

Located just 11 kilometres northeast of Brisbane’s CBD, Northgate is one of Queensland’s most critical logistics and transport precincts. Its strategic position near Brisbane Airport, major arterial roads and rail junctions makes it a prime location for industrial developments. The area is home to a concentration of freight operators and distribution facilities, reinforcing its role as a key hub for supply chain efficiency.

The Sponsor brings a strong track record in the Northgate / Nundah precinct, having successfully completed four industrial projects within a two-kilometre radius via sales to the owner-occupier market.

Leveraging this experience, Trilogy Funds structured a solution that refinanced the existing mortgage and provided additional gearing, without a pre-sale requirement (based on their successful track record), plus reducing the sponsor’s upfront capital requirement, thereby enabling the project to proceed with confidence.

Upon completion, the four industrial units will range in size from 339 sqm to 377 sqm and consist of a ground floor clear span warehouse area with a height of approximately 8 metres, as well as an upper mezzanine office level.

The project highlight’s Trilogy Funds’ ability to deliver tailored financing solutions that support developers in high-demand sectors like industrial property.

Looking for a financing partner that understands your vision? Request an indicative offer here.

Settled by Jack Mihaljovic.