Project Type – Concepts, design, planning, demolition and construction of multiple dwellings
Stakeholder – 2 separate investors working in partnership together
Two owners of back to back properties on Salter Crescent and Torr Street came to us with the idea of combining their land assets to create a large building site suitable for multiple dwellings. Pellegrino Constructions presented various concepts, costings and analysis and it was decided to construct a total of 10 properties with a shared driveway.
This is an exciting project that is currently going through subdivision and council approval. Demolition work to make way for the development is expected to start imminently.
At this stage, it is intended that these properties be let out as rentals, however, if the market is buoyant upon completion they will go up for sale.