^ my thoughts exactly....90% LVR on a vacant land with council approval to subdivide into 20 lots...i def wouldn't promise a 90% LVR on this sort of project, def a tough ask.
Getting this on resi > 80% would be a tough ask as your entering the LMI territory and both QBE and genworth won't like the reason for buying this sort of land + the size of the land.
80% Resi- doable.