Do banks typically lend money to cover subdivision costs ?

Hi,

Subdividing residential property is an interesting and profitable area of real estate in Australia.
My questions is this ….

Lets say I buy a residential property lodge all the forms and pay the fees and the council comes back to me and approves my
subdivision proposal on the following conditions …

$15,000 approval fee
$15,000 worth of headworks charges

Then say theres an extra $2000 worth of surveys fees and trivial charges.

Total fictitious cost $32,000

Lets say for example that the property is a block of land worth $200,000 but after subdivision it will be two lots worth $160000 each.

Lets also say that I purchased the land on credit and I put in a $40,000 deposit and borrowed $160,000 so theres no equity in the land.

Can I go to the bank with the approval from the council and quotes for the $32000 worth of costs and borrow that money ?.

How do bank view these kind of deals ?

Thanks,

Mark.