Ocean Breeze

Ocean Breeze


1-5 Dee Why Parade
Dee Why, NSW


73 Residential Units
plus retail and commercial in two 9 and 10 level buildings


Topland Pty Ltd

Loan Amount


End Value


The Brief

The client had acquired the site and required funding for the DA, professional fees and construction of two towers, which would comprise 11 studio apartments, 15 x 1 bed, 27 x 1 bed plus study, 13 x 2 bed, 7 x 2 bed plus study, 9 retail units, 4 commercial units and 132 car parking spaces.
While the client was providing considerable equity in the transaction, the principal sponsor was based off-shore and had little development experience in Australia.

The Solution

We were able to restructure the proposal and had formal approval within 14 days from a major international Bank, which had previously declined the transaction. We were also able to get a higher loan amount than was originally declined.

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