Projects - Distressed Assets

Coomera Waters Village and Resort Pty Limited



  • Master planned mixed-use estate
  • Gold Coast, QLD
  • Receiver for financiers
  • Senior – AU$70m+ Club Facility


  • 476-hectare estate located on the Gold Coast North Shore encompassing approximately 1,500 lots, 70% of which had already been sold
  • Included commercial buildings, 70-berth marina and a caretaking business
  • The two financiers had loans over different aspects of the estate
  • Difficulties encountered in finding a purchaser for the estate due to size and complexity of offering post-GFC
  • Operating management business with four full-time staff maintaining common areas


  • Created feasibility and scenario analysis of various stages within the project
  • Completed work on stages of the project to facilitate sale of individual lots
  • Managed retail precinct, marina business and management business
  • Obtained valuations and completed multiple marketing campaigns
  • Identified a strategy to split the commercial and residential development assets


  • 49 individual lots sold with an average sale price of 8% discount on listed price
  • One purchaser found to take the balance of the residential development
  • Separate purchasers identified to purchase commercial assets and management business. All assets sold above valuation

Find out how we can help you and your business - contact us today!