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Loan case study in Hamilton, QLD

Funding to assist with the construction of two luxury houses.

Project overview

The project entailed the construction of two houses in the upscale, riverside suburb of Hamilton, Queensland.

With an elevated position on prestigious Hamilton Hill, the property encompasses a contemporary design, luxe features and clear river and city views.

The residence’s third level includes a family room that connects to a wine cellar and a powder room. Flowing from here is a large open-plan living and dining area, an outdoor entertainment terrace and swimming pool. The kitchen comes complete with a butler’s pantry, large breakfast bar and a full suite of Miele appliances.

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Loan specifics

APPROVED LOAN AMOUNT~ $4.6 million
APPROVED LOAN TERM12 months
REPAYMENT SOURCESale of completed houses
APPROVED LOAN-TO-VALUATION RATIO60.36% on an "as-if-complete" basis