Melbourne, VIC
Commercial property loan in Melbourne
Melbourne industrial property in the west and north is the most active owner-occupier market in the country, with more available stock and gentler pricing than Sydney’s equivalent. Buying a warehouse or workshop removes the rent escalation that has squeezed manufacturers and distributors. Expect a 20–30% deposit. Retail and office valuations in inner Melbourne remain more variable, so allow time for a proper commercial valuation before committing.
Business finance in Melbourne
Melbourne has Australia’s most diverse business base: the country’s largest container port, a substantial manufacturing and food processing sector through the north and west, major health and education precincts, and a professional services and creative economy in the inner city. Construction has been the dominant growth driver, with extensive residential development and a large state infrastructure program running across the metropolitan area.
How we work with Melbourne businesses
Lyft Money works with Melbourne businesses by phone and video, with documents handled online and settlements arranged Australia-wide. Anthony, Stefan and Kris are based at Level 14, 3 Parramatta Square in Sydney, and a Melbourne client deals with the same broker throughout — including where a machine is being bought from a Victorian dealer and delivered interstate.
What is a commercial property loan?
A commercial property loan is finance secured by a commercial, industrial or retail property, used to buy premises for your business, invest, or refinance an existing loan. Terms run to 25–30 years with lower rates than unsecured lending.
Commercial property loan in Melbourne: the numbers
| Typical amounts | $250,000 – $20,000,000 |
|---|---|
| Term | 12–360 months |
| Indicative rates | 6.2% – 9.9% p.a. · rate history |
| Speed | 2–6 weeks |
| Key Melbourne industries | Manufacturing · Construction · Transport and logistics · Cafés and hospitality · Professional services |
| Commonly financed here | CNC machine · Prime mover · Forklift · Coffee machine · Ute |
Rates shown are indicative ranges observed across our lender panel for the period stated. They are not an offer or quote. Your rate depends on your business, the lender, the amount, the term and the security offered. The lender makes the final credit decision.
Key terms
What is a commercial property loan?
A commercial property loan is a mortgage over non-residential property such as offices, warehouses, retail or industrial units. It can be full-doc, low-doc or lease-doc depending on how servicing is assessed.
Commercial property loan questions
How much deposit do I need for a commercial property purchase?
Commercial lending is usually written to a lower loan-to-value ratio than residential, so expect to contribute more. Owner-occupied purchases commonly sit around 65% to 80% LVR depending on the property type and the strength of the business, meaning a deposit of roughly 20% to 35% plus costs. Specialised premises attract tighter LVRs than standard offices, warehouses or retail. Using equity in an existing property can reduce or replace the cash deposit.
How long does a commercial property settlement usually take?
Plan for six to twelve weeks from application to settlement in most cases. The steps that take time are the full financial assessment, a formal valuation of the property, legal documentation and any conditions the lender imposes before funding. Purchases with tight contract dates need the finance clause negotiated realistically at the outset. Refinances of an existing loan can be quicker where the property and the borrower are straightforward.