Multi Unit Development Finance
Access to a nationwide network of 200+ private lenders and specialist funding partners.
Helping developers connect with suitable private lenders for multi unit developments, townhouse projects, unit developments and apartment projects across Australia.
Is this your situation?
Multi unit development finance is often needed when a residential project involves multiple dwellings and requires funding for acquisition, refinance, construction, completion or exit.
You are building townhouses
Funding may be required for townhouse developments, villa projects or multi-dwelling residential construction.
You are developing units or apartments
Private lenders can consider selected unit and apartment projects depending on location, GRV, LVR and exit strategy.
The bank will not approve the deal
Banks can be conservative where presales, servicing, feasibility, developer experience or construction risk do not fit policy.
You have DA approval or are close to approval
Funding may be needed after DA approval, before construction starts or while finalising project requirements.
You need construction or top-up funding
Additional funding may be required for construction, cost overruns, equity shortfalls or completion works.
You need a clear exit strategy
Private lenders focus heavily on whether the project can exit through sale, refinance, residual stock refinance or completed stock sell-down.
What is multi unit development finance?
Multi unit development finance is funding used to purchase, refinance or construct residential projects with multiple dwellings, including duplexes, townhouses, villas, units and apartment developments.
Why multi unit projects need specialist funding
Multi unit projects can involve higher construction costs, presale requirements, valuation risk, feasibility pressure, planning conditions and more complex exit strategies than single dwellings.
Where private lenders can help
Some private lenders can assess multi unit projects by looking at the security, project stage, GRV, cost-to-complete, LVR, developer contribution, marketability and exit strategy.
Why banks often decline multi unit development finance.
Banks can be conservative where a multi dwelling project has presale, servicing, feasibility, construction or developer experience issues.
Banks commonly decline because of:
- Insufficient presales or no presales
- Servicing does not fit bank policy
- Construction budget or feasibility concerns
- Developer experience requirements
- Valuation or GRV concerns
- Cost-to-complete uncertainty
- The project does not fit standard development policy
Private lenders approve based on:
- Security value and completed value
- Project stage and approval status
- GRV and marketability
- Construction budget and cost-to-complete
- Loan-to-value position
- Developer contribution and equity
- Clear sale or refinance exit strategy
Common multi unit development finance scenarios.
These scenarios often require fast private lender assessment rather than a full bank-style application process.
Townhouse Development Finance
Funding for townhouse projects requiring acquisition, construction, top-up funding or refinance.
Unit Development Finance
Private lending options for small to medium unit developments and multi-dwelling projects.
Apartment Development Finance
Selected private lenders can consider apartment projects depending on scale, location, LVR and exit.
Duplex and Triplex Finance
Funding for duplexes, triplexes and smaller residential development projects.
DA Approved Development Finance
Funding where approval is in place and construction or site funding is required.
Construction Funding
Private funding for construction costs, progress payments and cost-to-complete requirements.
Cost Overrun Funding
Additional funds where the construction budget has increased or the project needs top-up funding.
Development Refinance
Refinance of an existing land, construction, development or private facility.
Exit or Residual Stock Finance
Funding where completed stock needs to be sold, refinanced or held for a short period.
Multi unit projects private lenders can consider.
Every lender has different appetite. The goal is to match the project with lenders that understand the development type, project stage, funding need and exit strategy.
Duplexes
Funding for duplex development projects and small residential builds.
Triplexes
Private lending options for three-dwelling projects and small multi-unit sites.
Four-Unit Developments
Funding for four-unit projects, villas, townhouses or compact residential developments.
Townhouses
Construction and development finance for townhouse projects of different sizes.
Villa Developments
Funding for villa projects and smaller residential multi-dwelling developments.
Unit Developments
Private finance for unit development projects, subject to valuation and exit.
Apartment Projects
Selected apartment developments may be considered depending on scale, GRV and marketability.
Mixed Residential Projects
Funding for projects with multiple dwelling types or staged residential components.
What information helps private lenders assess the scenario?
You do not need a full bank-style application to make an initial enquiry, but multi unit development scenarios need enough detail for lenders to understand the site, project and exit pathway.
Property Address
The site address and property details help lenders understand location and security type.
Number of Dwellings
The number of proposed townhouses, units, apartments or dwellings helps define the project.
Planning Status
DA approval, planning permit status, drawings, conditions or pre-construction progress.
Loan Amount Required
The land, refinance, construction, top-up, completion or exit funding amount required.
GRV and Feasibility
Gross realisation value, construction budget, feasibility and cost-to-complete are key assessment items.
Exit Strategy
Sale of completed stock, refinance, residual stock refinance or staged sell-down.
Case study: townhouse development funded without bank delays.
A developer had approval for a small townhouse project but the bank approval process was slow and presale requirements were delaying commencement.
The borrower needed construction funding to begin the project quickly and avoid further delays while market conditions remained favourable.
The scenario was introduced to a private lender that assessed the site value, DA approval, GRV, construction budget, equity contribution and sale exit strategy.
A short-term private facility allowed the developer to commence construction and exit through sale of the completed townhouses.
Case study: unit development refinanced before completion.
A borrower was part-way through a small unit development and needed to refinance the existing facility while completing the remaining works.
The existing loan was approaching maturity and the project needed more time to reach completion and prepare for sale.
The scenario was matched with a private lender that assessed the current stage, remaining cost-to-complete, GRV and exit through sale/refinance.
The borrower refinanced the facility, completed the project and repaid the private lender from completed stock sales.
A simple process designed for fast scenario assessment.
The goal is to get your multi unit development finance scenario in front of suitable private lenders quickly and receive indicative funding options within 24 hours.
- Submit your scenario
- We match your deal with suitable private lenders
- A private lender will make contact
- Receive indicative funding options within 24 hours
Frequently asked questions about multi unit development finance.
Common questions from developers considering private funding for townhouses, units, apartments, duplexes and multi-dwelling projects.
What is multi unit development finance?
Multi unit development finance is funding used to purchase, refinance or construct residential projects with multiple dwellings, such as duplexes, triplexes, townhouses, villas, units and small apartment developments.
Can private lenders fund multi unit developments?
Yes. Private lenders can consider multi unit developments where the security value, project stage, loan-to-value position, cost-to-complete, developer contribution and exit strategy are acceptable.
Can I get finance for townhouse development?
Yes. Townhouse development finance may be available for suitable projects where the land value, approvals, construction budget, GRV and exit strategy support the loan.
Can I get finance for unit development?
Yes. Private lenders can consider unit development finance for small to medium residential projects, including villas, units and multi-dwelling developments.
Can private lenders fund apartment developments?
Some private lenders can consider apartment development finance, depending on the size of the project, location, valuation, presales position, GRV, construction budget and exit strategy.
Can I get multi unit development finance without presales?
Some private lenders can consider multi unit development finance without presales where the security, LVR, borrower contribution, GRV, marketability and exit strategy are strong enough.
Why do banks decline multi unit development finance?
Banks may decline where presales are insufficient, servicing does not fit policy, the project is too specialised, construction risk is high, the developer lacks experience or the feasibility no longer meets bank requirements.
What types of projects can qualify?
Projects may include duplexes, triplexes, four-unit developments, townhouse projects, villa developments, small apartment projects, unit developments, multi-dwelling sites and mixed residential projects.
Do I need full financials or tax returns?
Not always. Many private lenders focus on the asset, valuation, GRV, project stage, construction budget, loan-to-value position and exit strategy rather than requiring a full bank-style application upfront.
How quickly can a multi unit development scenario be assessed?
Indicative responses can be obtained within 24hrs where the borrower provides the address, development type, loan amount, project stage, value estimate, GRV, cost-to-complete and exit strategy.
What information is needed for an initial assessment?
Useful information includes the property address, development type, number of dwellings, planning status, construction budget, current debt, loan amount required, estimated GRV and exit strategy.
Who contacts me after I submit the scenario?
Once the scenario is reviewed and matched with suitable lending partners, a private lender or their representative can contact you directly to confirm requirements, structure and next steps.
Related development finance scenarios.
Every development project is different. Explore other private development finance scenarios that may also match your situation.
Funding Problems
Construction & Development
Land, Planning & Civil Works
Need finance for a multi unit development?
Submit the key details of the site, development type, number of dwellings, planning status, loan amount, GRV, cost-to-complete and exit strategy so the scenario can be matched with suitable private lenders.
Submit your multi unit development finance scenario.
Send through the key details of the site, development type, number of dwellings, planning status, loan amount, GRV, cost-to-complete and exit strategy.