Following the award of a planning permit for the construction of student accommodation, the client approached Point Polaris to evolve the project into a residential development.
Our Client was new to the Melbourne property industry and appointed us based on our experience in the residential sector, and our proven results in the re-configuration of developments.
The client was seeking an experienced team to improve the value proposition of the property, assist in obtaining finance, project manage the construction and oversee the sales and project marketing process.
The client was seeking a partner with a strong focus on stakeholder relationships.
Point Polaris created an information memorandum to satisfy all conditions for obtaining financial close for a senior debt finance. Worked closely with the client’s offshore accounting and legal teams to obtain financial acquisition for the project.
Managed the sales process with overseas and local agents.
Appointed the design team, running regular meetings with all stakeholders to ensure the project was running to schedule. Procured the head works contractors and took on the superintendent role during the construction phase.
- Capital Advisory
- Development Advisory
- Project Management
- Apartments & Townhouses
- 126 Apartments
- The Easton successfully sold over 95% of its apartments prior to the commencement of construction.