Vacant Land Loan Sunshine Coast Industrial Park
Securing a Vacant Land Loan at Sunshine Coast Industrial Park
In today’s dynamic business environment, small and medium enterprises (SMEs) must strategically invest in infrastructure to scale their operations. For many, owning the premises they operate from provides not only operational stability but long-term financial security. One such success story is that of a plumbing business on the Sunshine Coast, which turned to Loanright Financial Services for assistance in securing a loan to purchase vacant land at the Sunshine Coast Industrial Park, located in Corbould Park. The aim? To build a state-of-the-art warehouse to house their growing operations.
Identifying the Need: Expanding Infrastructure
The plumbing business, like many trade-based enterprises, had grown significantly over recent years. However, renting space was becoming a hindrance to their growth strategy. The limitations of renting included fluctuating lease prices, a lack of customisability of the premises, and the absence of long-term equity in the property. After assessing their future needs, the owners realised that purchasing vacant land and constructing a purpose-built warehouse would be the best solution.
They zeroed in on a prime location in the Sunshine Coast Industrial Park. Situated in Corbould Park, the industrial precinct is well-known for its accessibility, modern infrastructure, and proximity to major transport routes, making it an ideal location for businesses aiming to scale. The land they were looking to purchase spanned an impressive 4,253 square meters, providing ample space for their warehouse as well as future expansion.
Turning to Loanright Financial Services
Recognising the complexities of purchasing commercial land, the business owners approached Loanright Financial Services. As a trusted financial services firm with a strong track record in securing loans for business expansions, we knew we had to tailor a financing solution that suited the specific needs of this plumbing business.
Purchasing commercial land, particularly in a high-demand industrial area, presents unique challenges. There are stringent requirements from lenders, and finding the right product that aligns with a business’s financial standing is critical. In this case, the business owners not only wanted to purchase the land but also planned to occupy the warehouse themselves. This made them owner-occupiers, a factor that opened up additional opportunities for financing.
Navigating the Vacant Land Loan Process
Our first step was to thoroughly assess the financial health of the plumbing business. This included evaluating their cash flow, profit margins, debt-to-income ratio, and the projected costs of the land purchase and subsequent construction. Armed with this data, we were able to present a compelling case to potential lenders, emphasising the business’s strong financial performance and their long-term plans for growth.
Next, we identified Economic Development Queensland (EDQ) as a key player in the process. As the business was planning to become an owner-occupier, this opened the door to potential financial incentives and benefits from EDQ. The organisation’s mandate is to support economic growth and development in Queensland, and owner-occupiers looking to invest in industrial precincts like Sunshine Coast Industrial Park often qualify for specific programs or grants.
We worked closely with the plumbing business to prepare a comprehensive application to EDQ. This involved ensuring that all necessary documentation was in order, including detailed business plans, financial projections, and clear outlines of how the warehouse would support the company’s expansion goals. The fact that the business was locally owned and committed to furthering its operations in Queensland worked in their favour.
Securing the Vacant Land Loan and Moving Forward
Once the application was submitted, Loanright Financial Services liaised with both the lender and EDQ to keep the process moving smoothly. Our deep understanding of the commercial lending market allowed us to negotiate favourable loan terms for the plumbing business. The fact that the business planned to occupy the warehouse themselves was a key selling point for lenders, as it demonstrated long-term commitment and reduced the risk associated with vacant properties or speculative land purchases.
In the end, the loan was successfully secured, allowing the business to purchase the 4,253m² plot of land at Sunshine Coast Industrial Park. With the financial backing in place, they were able to begin the design and construction process for their new warehouse, which will not only house their current operations but also provide space for future growth.
The Role of Loanright Financial Services
At Loanright Financial Services, our mission is to provide tailored financial solutions that help businesses achieve their growth ambitions. In this case, we were more than just a broker – we acted as advisors, ensuring the plumbing business received the best possible financial terms for their land purchase. Our involvement extended from the initial loan application to working closely with Economic Development Queensland, ensuring that the business took advantage of all available opportunities as owner-occupiers.
This successful collaboration between Loanright, the plumbing business, and EDQ demonstrates how the right financial strategy can unlock growth opportunities for local businesses. As the plumbing business moves forward with constructing its warehouse at the Sunshine Coast Industrial Park, they are set to secure not only their operational future but also a significant asset in the form of the property it now own.
By understanding our client’s unique needs and working diligently to find the right financial product, Loanright Financial Services played a pivotal role in turning their vision of expansion into reality.
Case Study Details
- Location – Sunshine Coast Industrial Park, Corbould Park, QLD
- Type of Loan – Commercial vacant land loan
- Purpose of Loan – Purchase vacant land to build a warehouse for their plumbing business



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1A / 14 Smith Street, Moolooalba, QLD 4557
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