“Candor are our trusted advisor when it comes to property. Our limited property experience required us to engage someone who we could trust to guide us through the property obstacles and assist us in exploring a commercial outcome to benefit the OC. Candor have delivered on what they promise and provided transparent and researched information outlining the risks and opportunities that have enabled us to make educated decisions. We are truly grateful for their support and reassuring advice.”
Orrong Towers
Value: $1.5 - 3.5 M
Contact: Stuart Carruthers
Address: Orrong Road, Toorak
The Orrong Towers Owners Corporation engaged Candor on a property advisory basis to investigate a development opportunity that involved exploring an option to sell the apartment roof air rights. A successful outcome would raise essential capital for a proposed refurbishment of the existing complex. Our services included: (read more)
Preparation of project requirement brief.
Developing feasibility studies and presentations to the Owners Corporation.
Site condition due diligence, including sourcing and creating condition reports.
Assisting the client to engage a specialist consultant team.
Overseeing the design team documentation preparation for town planning submission.
Arranging preliminary advice from the MFB.
Advising and overseeing town planning submission.
Investigating and developing Statutory Authority proposals and coordination.
Preparing the scope of works budgets from concept design based on client requirements.
Development master program timelines
Preparing requests for proposals and sourcing specialist consultant fees.
Assessing and advising on the engagement of specialist consultants.
Preparing the project risk register.
Convening meetings on behalf of the client project design team.
