Role: Bauenort and its joint venture partner has acquired a 20.3 hectare parcel within the Western Ballarat Growth Area for development into 267 residential lots. Alfredton Grove comprises a total of 267 lots and a 1Ha central recreational park and was released to the market in the second half of 2018 with around 60 lots sold prior to construction commencing. Construction of the $45m project commenced in April 2019 and is anticipated to be completed around 2022.
End value: $45m
Status: Construction Commencement.
Role: Bauenort and its joint venture partner acquired an 8.7 hectare parcel of undeveloped land in northern Traralgon. Bauenort restructured the masterplan to incorporate a broader residential product mix that better reflected the local market. The project included a child care centre site and was delivered across 4 stages with construction being completed in 2019.
End value: ~ $9million
Status: the project is anticipated to be completed in 2019.
Role: Bauenort has partnered with the land owner to develop 73 residential lots on the site on Melbourne’s north-eastern fringe. Upon completion, the project will incorperate several Melbourne Water assets including widening of Findon Creek and the creation of a sedimentation pond. Construction is anticipated to commence in 2019.
End value: ~ $20 million.
Status: The project is awaiting planning approval
Role: Bauenort has secured land within the Pakenham East Precinct Structure Plan area to develop a residential estate. The site enjoys extensive views across the valley to the north and west. The Project, upon completion will comprise over 150 lots.
End value: ~ $30 million
Status: The project is anticipated to be undertaken around 2023.
Role: Bauenort was appointed by the joint venture in 2012 as the Development Manager across the estate to manage the balance of the master planned project. The scope incorporated overseeing all aspects of the project including design, approvals, sales, marketing, construction and lot settlements.
A significant component of the engagement was the management of the Village Precinct, a $24m development of the prized land surrounding the Clubhouse which now includes 80 residential lots, 3 tennis courts, a large recreational park, a piazza adjoining the existing Clubhouse, a child care centre site and extensive car parking.
End value: $30m
Outcome: the project was sold out with construction completed in 2015.
Role: Bauenort is redeveloping a luxury home in the
bayside town of Elwood.
redevelopment of a two storey residence, requiring a careful approach prior to obtaining planning approval from the city of Port Phillip. In addition to leading the consultant team throughout the detailed design phase, our involvement included managing the construction tender and supervision throughout the 14 month construction program.
Landscaping works (including a swimming pool) are included within the renovation scope.
End value: $3.5m
Outcome: finished on program and on budget.
Role: Bauenort was instrumental in identifying a new use for the previously struggling site, and bringing together the site’s owner with the end take-out purchaser of the 86 apartment and ground floor office product – Yarra Community Housing under the Rudd Government’s ‘Nation Building’ program. Bauenort had an equity stake and managed the day-to-day decision making, leading the consultant team through the design and approval process to drive the project to completion.
Through innovative financial engineering Bauenort was able to enhance the project’s returns, whilst maintaining a low risk exposure to the investor, ensuring an extremely successful project.
End value: $23m
Outcome: extremely good outcome for all stakeholders and community
Role: Development Management – Bauenort managed town planning, leasing and the extensive refurbishment work to deliver an architecturally distinguished King Furniture Retail Showroom significantly lifting the underlying asset value.
Bauenort was charged with ensuring a great outcome for the client with minimum fuss.
End value: $3.5m
Outcome: Completed 2013
The submission, in association with Industry Funds Management and Grocon, consisted of an integrated 313 new social housing units, 712 affordable apartments plus an integrated social/private retirement village and associated commercial and public uses.
End value: $275-300m
Outcome: Completed 2010