Unlock Construction Finance Without Pre-Sales!(DPHI) + 14 Lot Subdivision(Steve)
Details
***RSVP PROCESS - CRITICAL INFO***
Please be aware, we don't use the Meetup website to take RSVPs, so you will need to register on this link to lock in your place (bookings essential) - https://propdev.info/uMvs
We run events most weekends around Australia so you can attend either physically in your local area, or live-stream to any event around the country.
In-Person: 1:30pm (Sydney time) to 'Mingle With The Expert'
Virtual: 2pm (Sydney time)
INTRODUCING THE INDUSTRY EXPERT:
Unlock Construction Finance Without Pre-Sales! Department of Planning, Housing and Infrastructure (Deputy Secretary Leon Walker)
Your DA is in hand, but lenders won’t move until you hit pre-sales. Projects stall. Costs rise. The NSW Government’s new $1B Pre-sale Finance Guarantee is designed to break the deadlock and get construction moving.
Here’s how it works: The Government commits to purchasing up to 50% of dwellings in eligible NSW projects at a discount to market value. That commitment satisfies lender pre-sale hurdles so you can secure funding and start building. You can then on-sell those dwellings to private buyers at full value before completion.
This month, Leon will cover:
• How you can find out if your project will qualify
• How the renounceable commitment meets lender pre-sales and lets you on-sell before or at completion
• How pricing and discounts are set, and what impacts the numbers
• The 5-step application from lender requirement to drawdown
• Fees to budget for application, establishment, and line fees (and how risk affects them)
• What assessors look for project merits and developer track record
• Practical strategies stock selection, lender engagement, and cash flow planning
If pre-sales are holding you back, this session shows how to use the Pre-sale Finance Guarantee to satisfy lenders and keep your pipeline moving.
INTRODUCING THE REAL DEAL:
1 into 14 Land Subdivision (Steve Maroun)
7800m2, R2, Greystanes, New South Wales
Every developer dreams of a smooth subdivision but the reality is, even the simplest projects can quickly turn into a battlefield.
For Steve Maroun, his 14-lot subdivision looked straightforward on paper. Stage 1 started strong, with six lots sold as house-and-land packages and Stage 2 set to deliver another eight. But the journey was far from easy.
What should have been a clear run soon turned into a grind: council battles over trees on a sloping block, a 120-metre sewer line upgrade that dragged on for nine months with Sydney Water, and when Stage 2 began, things escalated even further mature trees, a local petition, and even the local MP stepping in to oppose the project.
So, how do you keep a deal alive when infrastructure hurdles, council red tape, and community pushback are all working against you?
At this month’s Meetup, Steve will reveal:
- The highs, the setbacks, and the lessons he learned along the way
- How he navigated Sydney Water’s requirements
- The strategies he used to negotiate with neighbours, council, and even an MP
If you’re considering a larger lot subdivision, this is one Meetup you can’t afford to miss. Steve’s story is packed with real-world insights that every mum-and-dad developer needs before tackling their own subdivision.
Join us for this event and progress your property journey forward in our very unique Mastermind process!
See you all soon!
