by Michael Reid | Jul 30, 2019
89 Hillside Crescent, Hamilton, Queensland
Luxury Residential Residence
600 m2 building site in one of Hamilton’s best streets. Northerly aspect, easterly river views, plans developed for contemporary residence. Interest in the property was sold in 2010.
Drop us a line
If you would like any more information about current projects or would like to join our investment group, please do not hesitate to contact us.
by Michael Reid | Jul 30, 2019
Horizons Apartments, 30 Canberra Terrace Caloundra, Sunshine Coast, Queensland
Another profitable project from the Reid property group.
Residential High-Rise Development
Construction of Residential Apartments Purchased by Intercap Holdings as a development site in 2002 with a Development Approval for 9 Apartments over 6 Levels. Building was re-designed by Intercap, and construction of the building commenced in 2002, and concluded in 2003.
All Apartments, being 3 two-bedroom and 3 three-bedroom apartments plus 3 Penthouses, were sold in 2002-2004.
Drop us a line
If you would like any more information about current projects or would like to join our investment group, please do not hesitate to contact us.
by Michael Reid | Jul 30, 2019
324 Wickham Street, Fortitude Valley, Brisbane, Queensland
Another profitable project from the Reid property group.
2000m2 Commercial Reburbishment, purchased as a long-vacant building in poor condition, but excellently located on Wickham Street adjacent to a substantial car park and transport facilities. The purchase was negotiated in mid 2001, and settled in December 2001. Purchased as a vacant building in poor condition.
Fully refurbished to an excellent standard as commercial offices, and fully leased within 12 months to a range of tenants including SAAB, Garuva Restaurant, Mercury Advertising, Credit Union Management Services, and Infinity Group. The building was sold in 2006.
Drop us a line
If you would like any more information about current projects or would like to join our investment group, please do not hesitate to contact us.
by Michael Reid | Apr 13, 2017
Camelot Court, 30 Albert Street, Brisbane CBD, Brisbane, Queensland
Another profitable project from the Reid property group.
Residential Refurbishment/Unit Block Consolidation
Nil Investors
Approximately 115% Project Profit
Purchased the Penthouse, Unit 25 Camelot Court, as part of a property trade. We considered the property to be over-priced, however it resolved the highly profitable sale of another project, and we decided to accept the trade.
We undertook internal demolition of the whole floor apartment (total area approximately 440m2), and completed a refurbishment design for the apartment. Concept designs for the refurbishment of the entire building, and alternate designs for a new building on the site.
Over a period of two years, we instigated and facilitated the successful consolidation for sale, and subsequent settlement, of all 25 units in the complex to Devine Limited.
Drop us a line
If you would like any more information about current projects or would like to join our investment group, please do not hesitate to contact us.
by Michael Reid | Apr 13, 2017
Commercial Development, Kawana Business Village, Sunshine Coast Queensland
Another profitable project from the Reid property group.
Commercial and Retail Development
Completed Design, DA and lease negotiation
Construction facilitated
SOLD
Project sold to single investor during construction
Highly profitable for the Investor
3000 m2 Commercial Building Site Purchased 2001 Design and Development Approval facilitated by our joint venture entity. Property Constructed 2002 Purpose Built and 60% Leased to Australian Insurance Holdings, an International Call Centre. Interest concluded in 2002.
Drop us a line
If you would like any more information about current projects or would like to join our investment group, please do not hesitate to contact us.
