CASE STUDIES
A few recent Quay Capital deals
Business Owner
AUD 3.00 million
LVR 50%
First ranking mortgage
Dec 2024: 12 Month Term
Residential vacant land
Roseville, NSW
The borrower required working capital for their childcare group to support business expansion through acquisition. The security is vacant land in an affluent Sydney suburb.
Property developer
AUD 4.75 million
LVR 77%
First and second ranking mortgages
Oct 2024: 12 Month Term
Residential development site
Macmasters Beach, NSW
Maximised available security to support purchase of the property for re-development. The security comprises the residential development site (pictured) plus two additional residential properties as additional security, all located on the Central Coast north of Sydney.
Home building company
NZD 3.50 million
LVR 64%
First mortgage
Sep 2024: 12 Month Term
Residential development site
Orewa, Auckland, NZ
The borrower refinanced a maturing private loan facility over the property. The borrower is holding the property for a longer period to secure resource for a full redevelopment.
Property developer
AUD 2.20 million
LVR 56%
First ranking mortgage
Sep 2024: 12 Month Term
Residential development site
Mosman, NSW
The borrower required funding to purchase the property for re-development. The property is a residential zoned block located in Mosman on the north shore of Sydney.
Property developer
AUD 715,000
LVR 53%
First ranking mortgage
Jul 2024: 18 Month Term
Residential development site
Orange, NSW
Provided equity release for funding another development.
The property, comprising of two lots, is a level cleared residential development site in Orange NSW. The property has development approval for five strata units and six townhouses.
Property developer
AUD 2.10 million
LVR 57%
First ranking mortgage
Jun 2024: 12 Month Term
Residential development site
Cronulla, NSW
The Borrower required the loan to assist with the construction of two new double-storey dwellings with swimming pools, basement garages and associated landscaping.
Property developer
AUD 1.40 million
LVR 64%
First ranking mortgage
May 2024: 6 Month Term
Residential development site
Torquay, VIC
Borrower required an urgent equity release to fund another development. The property is a plot of residential development land situated in the seaside town of Torquay.
Property investor & developer
NZD 695,000
LVR 71%
First mortgage
May 2024: 12 Month Term
Residential apartment
Central Christchurch, NZ
The borrower required an equity release to partially assist with funding for the development of another residential property development in Christchurch.
Property investor & developer
NZD 592,200
LVR 60%
First mortgage
Mar 2024: 12 Month Term
Residential apartment
Arthurs Point, Queenstown, NZ
The borrower wanted to acquire an outstanding interest in the property, a penthouse residential unit in Queenstown, and provide working capital for his development activity.
Professional property investor and developer
AUD 1.98 million
LVR 60%
First ranking mortgage
Dec 2023: 12 Month Term
Residential improved land
Orange, NSW
The Borrower required the loan to acquire the property with the intention of sub-dividing the land into 11 lots for sale under an existing development approval.
Property developer
AUD 3.07 million
LVR 74%
First and second ranking mortgages
Nov 2023: 6 Month Term
Residential houses, six units
Toowoon Bay, NSW
The borrower required the loan to acquire the property and renovate for sale. Second mortgages taken over additional residential properties in the nearby suburb of Long Jetty.
Property developer
AUD 2.40 million
LVR 64%
First ranking mortgage
Oct 2023: 18 Month Term
Residential development site
Dee Why, NSW
The Borrower needed to refinance existing debt while it progresses a revised development scheme for the Property.
The property is a vacant freehold land site on a residential street in the suburb of Dee Why.
Home building company
NZD 2.23 million
LVR 53%
First mortgage
Sep 2023: 12 Month Term
Residential land
Akina, Hastings, NZ
The loan provided the borrower an equity release to proceed with resource consent approval for a subdivision.
Property investor
NZD 2.40 million
LVR 70%
First mortgage
Jun 2023: 6 Month Term
Residential house & six units
Otahuhu, Auckland, NZ
The borrower required the loan to refinance existing debt to facilitate a sale of the properties. Both residential properties are in the suburb of Otahuhu, Auckland.
Home building company
NZD 1.55 million
LVR 62%
First mortgage
Feb 2023: 12 Month Term
Residential land
Acland Park, Rolleston, NZ
The borrower required funding to refinance another lender. The property is a large site in a newly developed subdivision.
Property developer
NZD 1.40 million
LVR 69%
First mortgage
Nov 2022: 12 Month Term
Residential development site
St Albans, Christchurch, NZ
The borrower required funding to assist with the purchase of two adjacent residential properties. Settlement was not contemporaneous. A third adjoining property was offered as security.
Property developer
NZD 950,000
LVR 76%
First mortgage
Jul 2022: 12 Month Term
Residential development site
Spreydon, Christchurch, NZ
The borrower was looking to settle on a property for which a Resource Consent had just been submitted. Four duplexes and a stand-alone unit were to be constructed on the property.
Home builder
NZD 536,957
LVR 65%
First mortgage
Jul 2022: 9 Month Term
Residential new sections
Cashmere, Christchurch, NZ
The borrower required funding to complete the purchase of the property following loss of finance from another lender.
Two adjoining residential development lots in a newly established subdivision.
Builder and property developer
AUD 1.32 million
LVR 80%
First ranking mortgage
Jul 2022: 6 Month Term
Residential development site
Carlingford, NSW
The borrower required finance to complete the purchase of a residential site with approved plans for a modern five-bedroom home.
Property investor
AUD 990,000
LVR 76%
First and second ranking mortgages
Oct 2021: 6 Month Term
Residential townhouse
Como, WA
The borrower was an existing client arranging a commercial refinancing of an outstanding loan. To conclude the refinancing the borrower offered the subject property as security and a second mortgage over the original property.
Property investor
AUD 4.50 million
LVR 73%
First mortgage
Apr 2021: 6 Month Term
Residential townhouse
Wareemba, NSW
Borrower had purchased off-plan in July 2020. Due to withdrawal of funding from another lender the Borrower had only one week to settle. A stretched senior facility was provided to fund 100% of purchase price supported by an uplift in value since contract date. The property is a waterside semi-detached luxury residential home finished to a high standard.
Property Developer
AUD 2.79 million
LVR 73%
First mortgage
Aug 2020: 12 Month Term
Residential apartments
Kiama, NSW
The borrower needed to refinance existing debt and provide capital for the borrower’s next development nearby. The security consisted of three residences in a four-storey residential unit building encompassing 22 units developed by the borrower.
Business owner
AUD 2.35 million
LVR 80%
First mortgage
Jul 2020: 6 Month Term
Residential development site
Viewbank, VIC
The borrower was seeking funds to refinance an existing facility secured against the subject property to facilitate the sale of the property. The subject property comprises two adjoining residential properties situated within Melbourne’s northeastern metropolitan suburb of Viewbank.
Business owner, property investor & developer
AUD 2.25 million
LVR 55%
First mortgage
Oct 2019: 12 Month Term
Residential land
Tarneit, VIC
Borrower required cash for working capital and to fund preliminary costs relating to another development. Security was provided by way of a first ranking mortgage over 4ha of residential development land and a caveat over a secondary property subject to an unconditional sale.
