BRIXTON 6011, COTTESLOE_
In mid 2010, ADC established a syndicate of investors along with Modus Project Management to acquire a mixed use development site in Brixton Street, Cottesloe. Development approval was obtained for 13 apartments, 6 strata offices and two shops on the site, with appropriate level of pre-sales enabling construction commencement in mid-2011. The innovative mixed use development in this highly sought after inner-urban location was completed in January 2013 on budget and provided investors with a substantial return on their invested equity.
ADC played a key role in acquiring the site, raising required equity from investors and fulfilling development management services through to completion of the $11 million project.