This 5.7 hectare site sits in a strategic elevated location in Ormeau Hills, situated in the thriving development corridor between Brisbane and the Gold Coast. Just 25km north of the Gold Coast CBD and 40km south of the Brisbane CBD, the site is being developed by CFMG Capital to create Elevate at Ormeau Hills, a high quality lifestyle community of 100 residential allotments.
Philippa joined the CFMG Capital team in January 2020 as Commercial Financial Manager. She is a highly experienced finance manager responsible for the financial management of CFMG Capital projects. Philippa has over 10 years’ experience in funds management and property development having held senior finance positions with White & Partners, CBRE and Stockland. Philippa is CPA qualified and holds a Bachelor of Business from Queensland University of Technology majoring in Accounting and Banking & Finance.
Frankie is our sales consultant for the Logan region and works across 3 communities; Solander, Middleton Park and Birchwood Estate. He finds the most interesting part of his job is meeting his customers and finding out what has brought them to the Logan area.
Elevate at Ormeau Hills has proven to be a popular location to build a new home with 80% of the stage being snapped up by purchasers within 2 weeks of releasing the new land.
With the sell-out of State 1 occurring faster than expected, Stage 2 was brought forward to keep up with the demand for land at Elevate.
The CFMG Capital marketing and development team recently attended a Property Market Update webinar hosted by Realestate.com.au. The webinar included key insights from Cameron Kusher, REA’s Executive Manager for Economic Research, about the trends affecting the developer property market in Qld, and the outlook for 2021.
The impact of COVID has undeniably demanded attention, as it has kickstarted a new economic cycle and heralded in a bear market and global recession.
At Citi, our wealth management business works primarily with high-net-worth clients with a global outlook. This means our clients are attuned to world events, and seek defensive portfolio allocations that focus on wealth preservation.
CFMG Capital takes pride in being a business that not only talks the talk but also walks the walk when it comes to investing in what they believe in.
A recent article by Investor Daily, explored the importance of fund managers investing in the same risks as their customers, otherwise known as ‘co-investing’. Not only does this show the customer that the fund manager believes in what they are investing in, but it also shows the value the fund manager places on each dollar spent, investing it as if it was their own.
Customer sentiment has been a strong focus in the media throughout July and CFMG Capital has been keeping a close eye on the varying reports.
A key insight from the Australian Financial Review on July 21 reported that the Commonwealth Bank’s latest household spending intentions index had risen by 6% in June following the Covid-19 restrictions in the months prior.
The construction of stage 1 at Elevate is now complete with landscaping providing the final touches to the stage. Check out the photo of the finished stage which is now ready for new homes to start construction.
Stage 1 is made up of 55 residential allotments and recently achieved title registration. This now triggers settlements valued at over $10million from 49 contracted lots.
This initial stage comprised of premium elevated allotments up to 515m2 in the highly sought after northern Gold Coast corridor, with local owner occupiers swooping on the opportunity to secure their land during construction. With buyers eager to complete settlement and commence construction…
‘Lachie’ started at CFMG Capital in February 2020 in the Customer Service part of the business, however, when an opportunity opened to take on an Assistant Development Manager role, he jumped at the chance!
