Hi, partner and I looking for a construction loan for dual townhouse development on current property in Victoria. No other investments. Current property value $1.3mil (land $1.05mil as on rates) Current mortgage at $440k, build cost $950k - 8-10mth build project. Will sell 1, sale at approx $1.25mil to repay loan and keep the other as primary residence. Would prefer a major bank lender. Currently with Bankwest.