Services
Stronach Property has a firmly established reputation for innovative property solutions, stakeholder development project management, personalised service and the successful delivery of quality projects from inception to completion.
Development Management
Stronach Property acts as Development Manager for its key stakeholders for the life of a project - from assessment & acquisitions through to marketing & delivery.
Stronach Property has unrivalled experience & expertise in Development Management in the Newcastle & Hunter region with a combined 75 years of experience in its current Senior Development Management team. Stronach has developed in excess of 1000 apartments in Newcastle as well as large-scale urban renewal, mixed-use, commercial & retail projects.
Stronach Property undertakes the management of all facets of development throughout the life of a project including:
- Feasibility Assessment & Acquisition
- Development Approval and Town Planning
- Consultant Management
- Design & Construction
- Marketing & Sales
- Legal Contracts
- Finance & Structuring
- Market Research & Analysis
Joint Ventures & Investment
Stronach Property has led private equity property investments delivering more than $600 million of development projects in Newcastle.
Stronach has a strong track record in securing the capital required to undertake substantial property investments and developments. Demonstrating an ability to source equity and debt funding in competitive markets through existing relationships and traditional bank debt funding.
Stronach Property has completed successful joint venture projects throughout Newcastle, Lake Macquarie & the Hunter Valley with both private & institutional landowners. The Stronach management team maintain solid relationships with all key stakeholders in the development process.
Joint Venture partners have included a limited number of private equity partners, the Catholic Church and government agencies including Honeysuckle Development Corporation and Crown Lands.
Asset Management
The Stronach team utilises its knowledge of local property markets and its extensive network to drive returns from its privately held assets.
Stronach Property achieves this through:
- Asset Planning
- Leasing Management
- Tenant Management
- Financial modelling & reporting
- Operations Management
Stronach Property’s current property portfolio includes:
- Watt Street Commercial, 45 Watt Street, Newcastle
- 9 Riverside Drive, Mayfield West
- 16-22 Gipps Street, Carrington
- 202-204 Hannell Street, Maryville
Major tenants, to name a few, include Moray & Agnew Lawyers, PwC, Maxim Advisors, Property NSW, Brennan IT, JELD-WEN Australia, ERM and Ramboll Australia.
Project Management
- Procurement of consultants and contractors including developing tender documents, assessment of responses and awarding of contracts
- Design management including preparation of consultant briefs, coordinating consultants, and resolving design issues
- Interface with relevant authorities during detailed design and construction phases – Council, Ausgrid, Hunter Water, NBN, Mines Advisory, Heritage
- Cost management including reviewing budgets, claims, variations, and processing of payments
- Time management including preparation, monitoring, and reporting on project programmes, and reviewing and assessing time related claims
- Quality management - monitor quality of construction and finishes
- Identify, document, and monitor project risks and effectively manage them through the project lifecycle