This article is from the Australian Property Journal archive
DEVELOPER Gurner has launched a new end-to-end boutique development and construction business for luxury townhomes that it will build in-house.
The first project located in Huntingtower Road in Armadale, has been submitted to council this week and consists of six luxury homes with an end value of over $35 million.
Designed by Wolveridge Architects and with Myles Baldwin curating the landscapes, the proposed homes will include three bedrooms, three bathrooms, a study, private garage, pool and rooftop terrace.
Founder Tim Gurner said the company is aiming to deliver six to eight projects a year as it looks to build its in-house construction capabilities.
“There are a couple of great operators in the space, but not many that have delivered the amount of luxury homes we have in the past – from start to finish – and we see this as a big gap in the market.
“For years we have been fielding requests by our clients and partners to bring our unique luxury design perspective to the bespoke luxury home market. As we are now diversifying into many different markets and asset classes, it feels like the right time to start playing in this space,” Gurner said.
He added that it is also an exciting opportunity to build the company’s in-house construction capabilities.
“I have been delivering high-end penthouses and luxury multi-residential homes for over 15 years and particularly in the past six years we have been moving more into the bespoke space, working with our penthouse buyers to completely customise their dream homes from an off-the-plan shell.
“We acquired this site in 2021 with the view to get the model right and then apply it to multiple projects. We now have the right team and vision in place and will be actively looking to acquire and start delivering 6 – 8 sites in our boutique division per year.” Gurner concluded.
