Development Finance in Cairns
The real estate market in Cairns has been deflated for some time, due to many properties going into “Mortgagee in Possession” over the past few years. This has devauled real estate in the area and lenders have not been keen to lend in Cairns and Townsville areas.
Prudential Finance has issued an offer to finance a development in the Cairns area for $3.4M to complete construction works. Finance is available to developers who have a proven track record and require funding for financially and market viable projects.
For more information about development finance go our development finance page