Results and Experiences

Recent Transactions

Resort Locations & Hotels
Fairway Island

Fairway Island

Address: Fairway Island Boulevard, Hope Island QLD
Client: Deloitte (Receiver)
St. George Bank
Sale Date: July 2011
Value: $21.45M
Details: 78 Waterfront and Golf frontage lots in-one-line
Noosa Sanctuary

Noosa Sanctuary

Address: 94 Noosa Dr, Noosa Heads QLD
Client: Deloitte (Receiver)
BOS International
Sale Date: November 2010
Value: $67 M
Details: 5 Star Hotel & Resort Including 149 Apartments, Villas and Residences
Elysium

Elysium

Address: Noosa Springs Dr, Noosa Heads QLD
Client: Deloitte (Receiver)
BOS International
Sale Date: November 2010
Value: $55 M
Details: 158 Residential Lots & 16 Architecturally Designed Homes
Apartment Sites
Chermside

Chermside

Address: 75 Kittyhawk Dr, Chermside, Brisbane QLD
Client: BOS International (Mortgagee)
Sale Date: April 2011
Value: $11.37 M
Details: 1.5 Ha Site with D.A. for 474 Apartments over 5 Buildings
Hope Street South Brisbane

Hope Street, South Brisbane

Address: 11-15 Hope St, South Brisbane QLD
Client: Grocon Constructions
QLD Government
Sale Date: March 2010
Value: $8.91 M
Details: 1,822m Site Now Approved for a 10 Storey Building with 146 Units
Vision

Vision

Address: 111-131 Mary St,
Brisbane QLD
Client: Deloitte
(Administrator)
Sale Date: August 2010
Value: $38 M
Details: 5,478m CBD Site D.A. Approved 69 Level Mixed-Use Tower
Land Subdivision Sites
Gold Coast

Gold Coast

Address: Foxwell Road, Coomera
Client: Heritage Pacific
Sale Date: June 2011
Value: $4.4 M
Details: Circa 100 lot residential subdivision and townhouse site
Morayfield

Morayfield

Address: 40-48 Anderson Road, Morayfield QLD
Client: Tribeca Homes
Sale Date: July 2011
Value: $2.8 M
Details: D.A. Approved 60 Lot Residential Subdivision Site
Forest Pines

Forest Pines

Address: Vises Rd, Forest Glen
Client: Urban Pacific Limited & Macquarie Real Estate Equity Funds
Sale Date: March 2011
Value: $16.8 M
Details: 41 Residential Lots & Balance Development Site, Approved for a further 151 lots
Commercial Assets
Springwood

Springwood

Address: 3356-3360 Pacific Highway, Springwood
Client: Deloitte (Receiver)
Bank West
Sale Date: July 2011
Value: $3.2 M
Details: Two Level retail/office building with adjoining 3438m Development Site
Workforce Housing Portfolio

Workforce Housing Portfolio

Address: Mount Isa, Chinchilla, Oakey
Client: Deloitte
Sale Date: 2011
Value: Undisclosed
Details: Undisclosed
CBD Office Building

CBD Office Building

Address: Brisbane CBD
Client: Major Mining Company
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Sale Date: 2011
Value: Undisclosed
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Details: Undisclosed
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Past Transactions by Senior Management In Current & Previous Roles

CBD & Fringe Sites
Treasury Row Treasury Row, Brisbane CBD
(Commercial Development Site)
Client:Metacap Empire Square Pty Ltd
Sale Price: $24M
Details: Purchased by Gorcon for new ATO requirement in Brisbane

96 Albert Street 96 Albert Street, Brisbane CBD
(Commercial Investment/Development Site)
Client:QLD Public Sector Union
Sale Price: $20.1M
Details: Sold to Devine as a residential apartment site in 2007

96 Albert Street 96 Albert Street, Brisbane CBD
(Commercial Investment/Development Site)
Client:Devine Limited
Sale Price: $15.25M
Details: Sold in 2009 to a commercial investor

Synergy Synergy, Kelvin Grove Urban Village
(Commercial Office Building)
Client: State Government / Citimark
Sale Price: $7.1M
Details: Involved with the original sale of the property to Citimark

Hamilton Place Hamilton Place, Bowen Hills
(Residential Apartment Site)
Client: Red Cross
Sale Price: $5.45M
Details: Sold without development approval to Metro Properties

Apartment Sites
Energex Site, West End Energex Site, West End
(Residential Apartment Site)
Client: Energex Limited
Sale Price: $20.12M
Details: Sold without a development approval to a Korean developer

Kelvin Grove Urban Village Kelvin Grove Urban Village
(Residential Apartment Site and Mixed Use)
Client:State Government
Sale Price: $56M Combined Total
Details: 15 Lots sold to 10 different purchasers

Riverside Riverside, West End
(Residential Apartment Site)
Client:Tower Holdings
Sale Price: $45M
Details: Sold with development approval for in excess of 500 apartments to Pradella

River Point River Point, West End
(Residential Apartment Site)
Client: Investa
Sale Price: $42.1M
Details: Sold with development approval for 297 apartments to Stockwell

Woody Point Woody Point
(Redcliff Residential Apartment Site)
Client: Private Developer
Sale Price: $5M
Details: 8 Level Apartment Site

Land Subdivision Sites
Rea Road Rea Rd, Karalee QLD
(Ipswich Land Subdivision)
Client: Deloitte & Bank West
Sale Price: $3.2M
Details: DA & OPW Approved 116 Lot Subdivision Site
Mackay Mackay
(Ipswich Land Subdivision)
Client:Trinity Funds Management Ltd, Doyle Group & Citimark Properties
Sale Price: Over $8M
Details: Three residential subdivision sites approved for 244 residential lots

Morayfield Morayfield
(Residential Land Subdivision)
Client:Price Waterhouse Coopers
Sale Price: $2.835M
Details: 6.5 HA Residential Subdivision Site

Raceview Raceview
(Residential Apartment Site)
Client: Deloitte & St George Bank
Sale Price: $1.815M
Details: DA & OPW Approved 50 Lot Subdivision Site

Beenleigh 348 Beaudesert Beenleigh Road, Windaroo
(Residential Land)
Client: Bayer Australia Ltd
Sale Price: $15M
Details: 31.16 HA with Development Approval for a Subdivision of 227 Lots

Past Transactions by Senior Management In Current & Previous Roles

Commercial Assets
Fortitude Valley 148 Brunswick St, Fortitude Valley
(Commercial Office Building)
Client:KoraMentha
Sale Price: $13.1M
Details: 6000m commercial office building

Riverhills 96 Albert Street, Brisbane CBD
(Neighbourhood Shopping Centre)
Client:Private Investor
Sale Price: $1.7M
Details: Neighbourhood Shopping Centre with re-development potential

Willawong Willawong
(Industrial Land Subdivision)
Client:Aria Property Group
Sale Price: $5M
Details: 21.25 HA Industrial land subdivision site

Wen Petrol Wen Petrol Station Portfolio
(Commercial Service Stations)
Client: Wen
Sale Price: $13.8M
Details: Six blue-chip service station investments

Logan Road 926 Logan Road, Holland Park
(Shopping Centre)
Client: Efstathis
Sale Price: $2.507M
Details: Maintained Fully Leased Shopping Centre with excellent trading history

Special Projects
ISPT ISPT Auction Portfolio
(Woolworths Service Station)
Client: ISPT
Sale Price: $15.6M
Details: Auction portfolio of four Service Stations leased to Woolworths

Wollongbar Wollongbar Motel & Aquarius Backpackers, Byron Bay
(Motel / Backpackers)
Client: Latitude Development Group
Sale Price: $16.75M
Details: Operating Motel and backpacker hostel

Retirement Villages Retirement Villages
(Aged Care Residential)
Client: Macquarie Bank & FKP
Sale Price: $150M
Details: Portfolio of Retirement Villages

Commonwealth Commonwealth Bank Portfolio
(Type)
Client: Commonwealth Bank
Sale Price: $28M
Details: Marketing and divestment of surplus properties throughout Queensland

Gold Coast Gold Coast Highway, Coolangatta
(Property Type)
Client: RSL Care
Sale Price: $11.5M
Details: Prominent 2.83 HA site at the entrance of the Gold Coast Airport

Completed Product
Marcoola Marcoola Beach, Sunshine Coast
(60 Completed Apartments)
Client: Canham Projects
Sale Price: $18M
Details: 60 completed 1,2 & 3 bedroom apartments
Brisbane CBD Brisbane CBD
(Completed High Rise Apartment Building)
Client: JM Kelly Group
Sale Price: $11M
Details: 80 Apartments and Management Rights Sold In-One-Line

Bribie Island Bribie Island
(Completed Residential Apartments)
Client: Private Builder / Developer
Sale Price: $3M
Details: 17 Residential Apartments

Collingwood Park Collingwood Park
(Completed Residential Lots)
Client: Ernst & Young
Sale Price: $5M
Details: 44 Developed Residential Lots Sold In-One-Line

Logan Logan
(Completed Residential Lots)
Client: Private Syndicate
Sale Price: Circa $4M
Details: 20 Developed Residential Lots Sold In-One-Line

 

Properties Sold

Partially built residential community, Forest Pines Urban Pacific Ltd & Macquarie Real Estate Equity Funds (MREEF) $16.8M
145 Unit Development Site, South Brisbane QLD State Government $8.1M
59 Lot Approved Subdivision, Mackay Doyle Group $2.47M
Boutique Infill Site, Ascot Malpaso Developments $2.1M
8.1ha Future Development Site, Bald Hills ARIA $2.6M
48 Partially completed Townhomes and balance Land, Calamvale Receiver $7.9M
25 Acre development site unapproved, Victoria Point ARIA $7M
Development Site riverfront, West End Pradella $2.25M
29 Completed Lots, Bellbowrie Winten Property Group $1.7M
33 Partially completed Townhomes, Calamvale GPS Mortgage Management $3.8M
Development Site 100 units, West End Backshall Group $5M
116 Lot Approved Subdivision, Mackay Citimark $3.5M
31 Lot Approved Subdivision, Fig Tree Pocket Mirvac $3.1M
Acquisition of 8 Retirement Villages, USA Macquarie/FKP $150M
91 Lot Approved Subdivision, Bellbowrie Tancred $1.8M
50 Unit Motel, Caboolture Private investor $3M
80 Apartment building and Management Rights, Brisbane CBD J.M. Kelly Group $11M
21 Lot approved subdivision, Alexander Hills AKS Homes $2M
17 Townhomes completed, Sinnamon Park Tancred $3.75M
41 Lot approved subdivision, Aroona Fiteni Homes $4.1M
20 Acre development site unapproved, Caboolture ARIA $1.7M
Partially constructed 126 Lot subdivision plus balance Land, Bellmere Navco Property Group $8.6M
60 Completed beachfront apartments, Marcoola Canham Projects $18M
20 Completed Lots, Heritage Park JLF Corporation $3.5M
75 Lot approved subdivision, Caboolture ARIA $4M
Motel, Toowoomba GPS Mortgage Management $1.8M
17 Townhome approved site, Sinnamon Park Tancred $650k
50 Apartments within one building, Brisbane CBD J.M. Kelly Group $8M
31 Lots completed, Fig Tree Pocket Oudendyk $9.5M
69 Lot Approved Subdivision, Mackay Trinity Funds management $2.65M
8 Builder duplexes completed, Nerang McDermott Group $1.5M
4 Acre development site unapproved, Alexander Hills ARIA $1.5M
Shopping Centre, Riverhills Private Syndicate $1.75M
Development Site 8 storey unit project, Redcliffe Tancred $3M
Development site 40 units, Indooroopilly Pradella $1M
24 unit Motel, Townsville La Trobe Financial $500k
5 acre Retirement Village Site, Taigum Private Syndicate $2.275M
Development Site Unapproved, Marsden GPS Mortgage Management $600k
33 Lot Approved Subdivision, Bellmere Navco Property Group $1.8M
25 Lot approved subdivision, Heritage Park Private Syndicate $1.7M
16 Partially completed Units, Bribie Island Private builder $2.5M
23 Unit approved townhome site, Carina ARIA $1.5M
Childcare Centre Site and 18 townhome site, Caboolture Private Syndicate $925K
30 Acre development site unapproved, Bellmere Navco Property Group $3.9M
17 Acre Residential Development Site, Moggill Tancred $650k
10 Acre development site unapproved, Morayfield Navco Property Group $1M
25 Lot subdivision site unapproved, Morayfield Private Syndicate $1M
9 Acre development site unapproved, Victoria Point ARIA $2.5M
Over 40 Projects Sold – Over $400 Million in Value

Development Management Projects active, partially completed or completed

16 Units Morayfield
22 Townhomes Carindale
8 storey 32 unit apartment building Woody Point
25 Lot subdivision Heritage Park
14 Lot subdivision Morayfield
200 Townhomes and Lots Thornlands
Childcare Centre Morayfield
20 Ha Industrial park Willawong
16 Units Birkdale
18 Townhomes Morayfield
126 Lot subdivision Bellmere
33 Lot subdivision Upper Caboolture
100 Lot subdivision Harvey Bay
75 Lot subdivision Caboolture
21 Lot subdivision Alexandra Hills
16 Units Capalaba
90 Townhomes Victoria Point
50 Unit Motel Caboolture
Retirement Village Taigum
Freestanding Industrial Warehouse Kingston
20 Unit Motel Caboolture
Multiple Small 2-5 Lot subdivisions SE Qld
Multiple New and Refurbished Homes SE Qld

Project Management Roles (by Directors and Senior Management)

228 Unit Hotel ‘Ramada Pelican Waters’ Caloundra $80M
Hotel Refurbishment ‘Grand Hotel’ Gladstone $5M
400 Lot Subdivisions ‘Pacific Habour’ (5 stages) Noosa $74M
Golf Course & Residential Lots -Stage 1 Noosa Springs Noosa $3.8M
Completion of 360 unit Hotel ‘Sheraton’ Darwin $40M
Australia Post Mail Centre Northgate $12M
460 Lot Subdivision ‘Chancellor Park’ Sippy Downs $120M
150 Unit Retirement Village Murrumba Downs $50M
530 Lot master Plan Community “Mathers Vineyard”’ Currumbin $600M
980 Lot Master Plan Community “Rochedale Estate” Rochedale $300M
1600 Lot Master Plan Community “Peregian Springs” Peregian $350M
1200 Lot Master Plan Community “The Ridges” Peregian $300M
45 Lot Industrial Subdivision “Industroplex” Mackay $55M
316 Unit Residential Highrise “Riverplace” Brisbane CBD $125M
219 Unit Mixed Use Highrise “River City” Brisbane CBD $72M
209 Unit Residential Highrise “Casino Towers” Brisbane CBD $92M
Over 100 small to medium sized subdivisions, townhome, unit, childcare, commercial and retirement projects QLD $200M

Consulting Projects

Macquarie Capital Lender/Asset Owner
CBA Lender
PricewaterhouseCoopers Receiver
Ernst and Young Receiver
Deloitte Receiver/Administrator
NAB Lender/Asset Owner
BOS International/Capital Finance Australia Lender
St George Bank Lender
GPS Mortgage Management Lender
Grocon / Micah Projects Inc Government affordable housing