The Carlton, Manly, NSW
Market Value: $25 Million Residential Development
Objectives: Development – Investment, Development Approval, Construction, Sale on completion.
Skills Applied: Fund establishment and management, development feasibility acquisition and management.
Development at Manly included;
- fund entity establishment
- capital structure (equity and debt)
- site acquisition
- consultant selection
- development approval to meet target market
- pre-sale marketing
- construction including project management oversight
- sale process on completion
- profit return
DA Properties – Fund Manager; Development Manager; Investor