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Property Refurbishment Loans

Seeking facility to fund your property refurbishment?
Fast approvals and competitive rates

Global Capital Commercial (GCC) are one of Australia’s leaders in sourcing property refurbishment finance facilities. We have helped developers across the country with their specific finance requirements, sourced from our network of 450+ lenders.

Property refurbishment loans refer to proposals where a developer is looking at purchasing an existing building and refurbishing it to a modern level, to significantly add to its value. It may also mean strata titling a building or block of apartments, from one title to several smaller titles, before selling the units off individually at a higher combined value than that of selling the building itself.
Refurbishment loans are suitable for all existing properties including:

  • Residential
  • Office
  • Commercial
  • Retail

A classic example of a property refurbishment loan is when a developer purchases a block of apartments on one title. The developer then updates and modernises the property to increase its value with items such as security systems, new appliances and a modern fit-out. They will also strata title the individual units, selling them off separately to maximise their return. This can all be achieved reasonably quickly, with the funds usually required for only 6-12 months.

“Backed by expertise and experience, GCC can tailor a property refurbishment finance facility to meet any developer’s specific needs.”

If you would like to know more about GCC’s approach to refurbishment finance and how it could help you, contact us today.

Damian McCormack, Broker

I engaged GCC to assist my client with obtaining development finance for 8 townhouses as none of the major banks were able to assist. GCC obtained approval consistent with the clients’ requirements (specifically no pre-sales) in a timely and professional manner. The approval was a big relief for the client as this project could release Continue Reading

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