Construction Finance
Finance for duplex, townhouse and multi-dwelling builds.
Two units or twenty — staged construction finance for duplex and townhouse projects, placed across our panel.
The sweet spot the banks make hard work.
Duplexes, townhouses and small multi-dwelling builds are the bread and butter of property development — and exactly the size that frustrates the banks, who want pre-sales and paperwork that don't suit a quick, profitable project. We arrange staged construction finance and place it with funders on our panel who back these builds every day.
Funds are drawn down in stages to around 80% of cost, with a quantity surveyor signing off as you go, whether you're building a single duplex to sell or a row of townhouses to hold and rent. This is business-purpose finance for builders, developers and investors with an ABN — building to sell or hold, not to live in.
We know which lenders fund two-on-one and small-unit sites, which take a sensible view on pre-sales, and which can move when the site is under contract. Indicative answer in 24 hours, and a facility built around your exit.
Why arrange your build through X Private.
Built for small multi-dwelling
Duplex, triplex, townhouse and small-unit sites — the projects our panel competes hardest for.
Up to 80% of cost
Higher leverage against total development cost so less of your own capital is tied up.
Staged drawdowns
Funds released as each stage completes against QS sign-off — interest only on what you've drawn.
Limited pre-sales considered
Lenders that fund with modest or no pre-sales where the numbers stack up.
Sell or hold
Structured around your exit — sell the units on completion or refinance to a hold facility.
Move quickly
Indicative answer in 24 hours so a site under contract doesn't slip.
What we arrange.
Small-scale multi-dwelling residential builds for a business purpose. Common scenarios:
- Duplex builds for sale or to hold
- Townhouse and villa projects
- Two-on-one and dual-occupancy sites
- Small unit and apartment blocks
- Knock-down rebuild into multiple dwellings
- Builds with limited pre-sales
- Refinancing land into a construction facility
- Cost-to-complete top-ups mid-build
Three steps from deal to done.
We move at deal speed — an indicative answer within 24 hours and most deals settled in 5–10 business days.
- 01
Submit
Send us the deal. We give you a yes, no, or what-we-need within 24 hours.
- 02
Approved
We take it to the lenders most likely to back it, negotiate terms, and bring you a clear recommendation.
- 03
Settled
We manage the lender, legals and PEXA. Most deals settle in 5–10 business days; urgent ones faster.
Common questions, straight answers.
We're a specialist property finance brokerage: we place your build with the most suitable funder from our panel of 50+ non-bank and private lenders.
No — everything we arrange is for a genuine business purpose. This funds duplex and townhouse projects built to sell or hold as investments, not a home you'll live in.
Not always. Banks often insist on them; several of our non-bank lenders fund small multi-dwelling builds with limited or no pre-sales, pricing for the risk. We match your project to the right one.
Typically up to around 80% of total development cost, depending on the project, location and your experience. We'll give you a realistic figure within 24 hours.
In stages as the build progresses — base, frame, lock-up, fixing, completion — with a quantity surveyor verifying each drawdown so you only pay interest on funds drawn.