Past Projects

Past Projects


16-30 Russell Place, Melbourne VIC

Location 16-30 Russell Place, Melbourne VIC
Developer Hickory Group
Asset Residential Apartment Building
Acquisition Date 2008
Completion Date 2010

 

Marine Parade, Surfers Paradise QLD

Location Marine Parade, Surfers Paradise, QLD
Developer AVS
Asset Residential Apartment Building
Acquisition Date 2008
Completion Date 2012

 

In 2008, Michael Touma (Now of King Group) found a “distressed asset and arranged the procurement of an undervalued development site in Southport, Queensland, for one of his Development Partners.

Michael Touma and James Chryssafis (Director of King Group) immediately began to improve the Development Consent.

Within six months of purchasing the property, Michael Touma secured a buyer without an agent saving a substantial amount on agent commissions and charges; it was than soon sold to another developer for a substantial profit.

Once again, the members of King Group identified the right asset whilst always working on an “Exit Strategy”, which was evident in the outstanding financial success of this property investment.

This is another successful development managed by King Group.

Southport, Gold Coast QLD

Location Southport, Gold Coast QLD
Developer Raptis Group
Asset Residential Apartment Building
Acquisition Date 2004
Completion Date 2009