Benefits of specialised property finance
Investing in property is often marketed by banks as an easy process. In reality, many property investments are astonishingly complex, especially those that are purpose-built like hotels, child care centres, petrol stations and caravan parks. In these cases, the investment may be even viewed unfavourably by larger banks simply due to the complex nature of the financing required. This is where we can help.
Our specialised property financing service reviews the assets contained within the property, and we work closely with you to understand the business carried out at the premises to find the ideal financing option. Specialised property finance can also used by property developers, and can facilitate pre-sale shortfall of up to $15M so that construction can commence without delay.
Get in touch with our team today if you would like to leverage specialised property financing for your unique investment.
How does specialised property finance work?
At its core, specialised property financing works like regular property financing. An assessment is made on the value of the purchase, and then a funding package is put together. However that is only the start; the value of a purpose-built property is a lot more complex due to the required research and forecasting on the ongoing value of the assets contained within the property.
The total amount may be calculated as a freehold value, which takes into account the overall value of the property, or as a leasehold value that takes into account the value of any business carried out in the premises. We can help understand the full landscape and create a financing plan that best suits your needs.
When to consider specialised property finance
Perhaps you want to purchase a petrol station, a car wash, a commercial garage, a car showroom, a hotel, a day care centre, a clinic, a caravan park, a retirement village or another similar asset. Each of these properties has its own unique set of characteristics and for this type of purchase, a specialised property finance arrangement will be required.
Specialised property finance may also be leveraged by property developers, and can facilitate pre-sale shortfall of up to $15M in pre-sales. This funding allows for pre-sale targets to be achieved so that construction can commence without delay.
If you would like to know how you can best leverage a specialised property financing for your unique investment, get in touch with our team today.