Fast and aligned financing solution meets time-sensitive construction start to unlock the final stage of Burnside’s residential expansion.
Project overview
Trilogy Funds has provided a $12.868 million construction facility to support a time-sensitive 38-lot residential subdivision in Burnside, an established and rapidly growing hinterland suburb within Queensland’s Sunshine Coast region.
The project represents the final stage of a larger, long-running development scheme originally approved in 2004. The subdivision will deliver generously sized lots ranging from 728 sqm to 2,393 sqm, which will appeal to owner-occupiers and investors seeking larger parcels of land with hinterland appeal. The site connects to existing completed stages, offering buyers entry into an already established neighbourhood.
The Sponsor brings over 25 years of development and residential property experience, with a track record spanning land subdivision, house-and-land packages and duplex projects.
Why Trilogy Funds was the preferred partner
There were several compelling factors why the Sponsor chose Trilogy Funds as their preferred financing partner.
1. A capital-efficient structure supporting the Sponsor’s model
The Sponsor purchased the land outright in cash, creating a strong equity position and a low loan‑to‑valuation ratio at settlement. This enabled Trilogy Funds to tailor a construction facility that aligned with the Sponsor’s funding needs while keeping overall gearing at conservative levels.
By not being bound to the generic Total Development Cost caps applied by banks and other traditional lenders, Trilogy Funds was able to support the practical funding requirements of the subdivision, all within a framework of disciplined controls, such as staged drawdowns, independent progress certifications, and ongoing valuation monitoring.
2. Fast and aligned funding to meet a time-sensitive construction start
Civil works were scheduled to commence upon loan settlement. Trilogy Funds’ ability to move quickly in settlement and mobilisation aligned with the Sponsor’s need to commence construction without delay.
3. Confidence in Trilogy Funds’ experience with residential subdivisions
As a first-time borrower with Trilogy Funds, the Sponsor sought a partner with a strong understanding of regional residential land subdivisions, civil construction complexity and staged selldown strategies. Trilogy Funds’ familiarity with such properties enabled a tailored approach that aligned with the Sponsor’s preferred delivery and sales channels.
4. A lender willing to support a relationship-driven sales strategy
The Sponsor has established a powerful internal sales ecosystem through builder networks, channel partners and SMSF pathways. As such, Trilogy Funds was willing to accommodate this relationship-driven sales strategy via staged sales milestones, rather than impose rigid presale conditions.
A clear and proven exit strategy
The primary exit strategy is the sale of completed lots, leveraging the Sponsor’s established internal channel sales model. Early enquiries have already been received, prior to the commencement of formal marketing activities.
Discover fast, flexible financing for your next project
Trilogy Funds specialises in tailored development finance that supports strong regional projects and experienced developers. Request an indicative offer today at https://trilogyfunds.com.au/financing/.
Settled by Braedan Nairn.
Loan specifics
| Loan amount | $12.868 million |
| Loan term | 14 months |
| Loan type | Construction |
| Loan-to-valuation ratio | 59.85% (including GST) |
