BLOX’s site acquisition solutions can help you establish a foundation for your future development. Our team has years of experience helping investors and developers navigate the site acquisition process, from site selection to development readiness.
We know buying land for future development is different. We work with you to structure a loan that matches your development timeline and financial plan.
Access our lender panel and land banking products to buy your site. We’ll help you navigate between standard loans and development finance products to find the right solution for your investment strategy.
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Our site acquisition loans are designed to get you the best locations for future projects. We’ll work with you to structure a loan that takes into account your current financial position and the development site's future potential.
Take control of your development journey with BLOX. Our site acquisition finance options provide the flexibility and support you need to secure prime locations and maximise your project's potential.
We take the time to understand your project goals, timeline and budget, assessing the unique challenges and opportunities of purchasing a site for future development. Our team works closely with you to develop a tailored financing solution that aligns with your needs and maximizes your chances of success.
BLOX helps you navigate the financing process from preparing strong loan application and feasibility assessments to structuring progress payments and managing cashflow. We leverage our extensive network of lenders to secure the best rates and terms for your project ensuring you have the financal support you need.
Throughout the construction journey, BLOX remains by your side. We provide practical guidance across progress payments, contract variations and end-of-project financing, helping you anticipate challenges, manage funding requirements and keep your project moving forward.
At BLOX, we're ready to help you navigate the complexities of construction finance and bring your vision to life.
Get startedThe duration of your loan facility depends on the type of finance you choose. If you purchase the site under standard loan conditions, there’s no obligation to develop the site immediately—you can hold onto it as long as needed. However, if you’re using development finance or a land-bank facility, the lender typically sets a term—usually around two years—by which time you need to exit the facility. Exiting could involve selling the site, often after obtaining town planning permits or other approvals. BLOX will work with you to select a finance option that aligns with your development strategy and exit plans.
Unfortunately, most lenders won’t consider potential future income or sales when assessing your loan application for a vacant block of land. Without a building contract in place, the site is viewed as a non-income-producing asset.
If there is an existing building on site, the lenders may consider the potential rental income of the property but it is dependent on the specific loan product.
BLOX will work with you to structure your application based on your current financial position and help you explore options that match your development plans.
No, you don’t need approved plans and permits to obtain finance for a development site. However, having these can sometimes strengthen your application or open up more finance options. BLOX can guide you on how different planning approval stages might affect your finance options and help you choose the best approach for your situation.
There are several loan options, including standard land loans, construction loans with extended land phases, and specialist development finance products. The right option depends on your development timeline, the size of your project, and your financial situation. BLOX will help you explore these options to find the optmial solution.
Holding costs can be a significant consideration when buying a site for future development. Strategies to manage these costs include:
- Structuring your loan for interest only payments during the holding period
- Including holding costs in your overall development budget.
- Drawing down on other savings or redraw funds
BLOX can help you plan for these costs and find finance options that minimise the financial burden during the pre-development phase.
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