Ultra Property Developments | Annerley Project
17158
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Annerley Project

About This Project

Summary

Ultra Property was contacted by an interstate developer who wanted to build his property portfolio in Brisbane.  Through an extensive search of more than thirty potential development sites, a unique site was found in Annerley, 6km away from the Brisbane CBD.  The site has two street frontages and is located near a major hospital that employs more than 6,000 staff members.  The area has a high demand for rental properties and is conveniently located near public transport with easy access to the CBD.  Ultra Property provided a free consultation and site investigation, with all compiled information given to the developer to ensure how many dwellings could be built on the site.  Ultra Property also provided confirmation from the architect, town planner and engineers to ensure that there were no known issues that could cause potential problems down the track.

Services Provided

  • Design Management
  • Project Management
  • Development Management
  • Off market site purchase
  • Acquisitions & Negotiations
  • Feasibility studies
  • Flood Investigations
  • Development approval
  • Due diligence Report
  • Tenancy co-ordination

Project Statistics

  • Design Stage
  • Project Initiation
  • Proposed 6 x townhomes to maximise two street frontage
  • Approved October 2011
  • Achieved 59.8% GFA
  • Commence BA stage January 2012
  • Construction Tender July 2012

Project Value at Completion

  • $3,300,000 (2011)

Client – Business Owner/Developer

Ultra Property Developments