Development | Central Real Capital

DEVELOPMENT

CENTRAL REAL DEVELOPMENT

Complementing our lending capabilities the Central Real Capital Team also possess an in depth property and construction knowledge that allows Central Real Capital to successfully partner in real estate projects as preferred equity participants and property development joint venture partners. With streamlined processing and property and finance expertise, the group is renowned for being nimble and able to generate superior risk adjusted returns by navigating the capital stack from debt through to equity.

THE CAPITAL STACK

Developers will often spread their equity to diversify over different projects or have equity locked in projects that will settle at a later date. Central Real Capital understand there can be equity gaps – which can be filled with stretched senior debt, mezzanine funding , preferred equity or ordinary equity. The Finance and Construction Team work closely with our clients to understand their position, the feasibility and risk profile of the project and provide solutions where we can support them to plug those gaps and drive a successful and profitable project.

RECENTLY FUNDED PROJECTS

COLLAROY

POINT PIPER

NORTH WAHROONGA

PREVIOUSLY FUNDED PROJECTS

Project Settled: 2020
Facility Amount: $9,036,880
Asset Class: Residential Residual Stock
LVR: 40%

Project Settled: 2020
Facility Amount: $1,273,000
Asset Class: Land w/ DA 
LVR: 67%

Project Settled: 2020
Facility Amount: $1,480,000
Asset Class: Residential Construction
LVR: 33%

Project Settled: 2020
Facility Amount: $10,000,000
Asset Class: Land w/ DA
LVR: 70%

Project Settled: 2021
Facility Amount: $9,633,000
Asset Class: Mixed Use Subdivision
LVR: 68%

Project Settled: 2021
Facility Amount: $5,780,415
Asset Class: Residential 
LVR: 83%

Project Settled: 2020
Facility Amount: $20,012,134
Asset Class: Residential Subdivision
LVR: 76%

Project Settled: 2020
Facility Amount: $12,560,000
Asset Class: Residential Subdivision
LVR: 70%

Project Settled: 2020
Facility Amount: $2,100,000
Asset Class: Residential 
LVR: 40%

Project Settled: 2020
Facility Amount: $8,556,623
Asset Class: Residential Subdivision
LVR: 61%

Project Settled: 2021
Facility Amount: $1,860,000
Asset Class: Land w/ DA
LVR: 60%

Project Settled: 2021
Facility Amount: $2,054,250
Asset Class: Residential Construction
LVR: 82.5%

Project Settled: 2020
Facility Amount: $5,420,000
Asset Class: Residential 
LVR: 80%

Project Settled: 2021
Facility Amount: $4,400,000
Asset Class: Other Construction
LVR: 66%

Project Settled: 2021
Facility Amount: $12,250,000
Asset Class: Land w/o DA
LVR: 55%

Project Settled: 2020
Facility Amount: $9,036,880
Asset Class: Residential Residual Stock
LVR: 40%

COLLAROY

PROJECT SETTLED: 2021
FACILITY AMOUNT: $5,420,000
ASSET CLASS: Residential 
SECURITY POSITION: 2nd Mortgage
PURPOSE: Land acquisition 
LVR: 80%

POINT PIPER

PROJECT SETTLED: 2020
FACILITY AMOUNT: $14,880,000
ASSET CLASS: Residential 
SECURITY POSITION: 2nd Mortgage
PURPOSE: Refinance & working capital
LVR: 65%

NORTH WAHROONGA

ADDRESS: 4 Cliff Avenue North Wahroonga NSW
RESIDENTAL LOTS: 5
DEVELOPER & BUILDER: Central Real
STATUS: Now Selling

Rich in heritage, Wahroonga is one of North Sydney’s most sought after suburbs. It’s easy to see why positioned only 30 minutes drive to the CBD, this suburb is famous for its charming home-style cafes, tree-lined streets, large homes, and beautiful parklands. Land for sale in this prestigious suburb is a rare occurrence. Building the perfect home has never sounded more enticing.

PETER NAVRATIL

Development Director

With over 40 years of experience, Peter has established himself as a prominent property development, construction, and management figure. He obtained a Bachelor of Building degree from UNSW and gained valuable expertise in construction while working with esteemed companies such as Lipman’s and AW Edwards. Recognising his potential, Peter transitioned into the development sector of the property industry.

Peter’s entrepreneurial spirit led him to initiate the project-managed division of JLW/JLL, where he served as a director for six years, based in Asia. Additionally, he played a pivotal role as a founding partner of Carrington, a diverse property group. Peter’s contribution to the group stems from his distinctive blend of property and senior management skills.