Flexible financing solution takes ‘Airlie Summit’ to stages 3 and 4 in the Whitsundays.

Project overview

Trilogy Funds has provided a $10.1 million construction facility to support the delivery of Stages 3 and 4 of ‘Airlie Summit’, a premium elevated land subdivision rising above the heart of Airlie Beach in Queensland’s Whitsundays region.

Airlie Summit is positioned just minutes from Airlie Beach’s main precinct, with close access to marinas, national parks and Proserpine Airport, making it attractive to both owner-occupiers and interstate lifestyle buyers.

The new stages will deliver 34 residential lots that range from 607 sqm to 932 sqm, with an average lot size of 718 sqm. Positioned along the mountain spur ascending from the Conway Range, the lots offer panoramic views across the Coral Sea and surrounding islands.

The project builds on the momentum of the previous stage, with the 17 lots delivered nearly sold out.

The Sponsor is one of the Gold Coast’s most respected multidisciplinary builders with more than 300 projects delivered across Queensland and New South Wales. The financing solution provided by Trilogy Funds enables the Sponsor to refinance the existing facility, provided by a major Australian bank.

Why the Sponsor chose Trilogy Funds

Trilogy Funds was selected as the preferred lender for a number of reasons. These include:

• A proven relationship with a lender that understands the Sponsor’s delivery model;
• A flexible structure suited to a complex, steep-terrain subdivision;
• Ability to refinance existing debt and streamline project cash flow.

A clear and structured exit strategy

The primary exit strategy is lot sales during and post-construction. The facility includes milestones requiring eight unconditional pre-sales by practical completion and ongoing sales thereafter.

Secondary exit options include refinance supported by the project’s modest loan-to-valuation ratio.

Discover how fast, flexible financing can take your next project to the Summit

Explore how Trilogy Funds partners with developers across Australia. Request an indicative offer at https://trilogyfunds.com.au/financing/.