Financial Review Rich Lister Tim Gurner will kick off construction of a mixed-use hotel and apartment project in inner Melbourne this month after securing a $55 million loan from ANZ Bank.
Financial Review Rich Lister Tim Gurner has struck a $150 million equity partnership with private real estate financier Qualitas to acquire distressed assets and turn them into successful development projects.
Apartment projects are taking shape in the 480-hectare Fishermans Bend urban renewal precinct, with Gurner’s $1 billion trio of towers gaining approval.
Demonstrating the appeal of luxury, fully fitted-out penthouses, a lavish 300sq m apartment in Melbourne’s newly completed $140m Albert Place Residences development has just been leased for $260,000 per year or a hefty $5000 per week.
When debt and dwindling membership threatened the future of Fitzroy’s 50-year-old cultural hub The Spanish Club, it called out for help. In partnership with Gurner, we find out how its transformation into a restaurant, luxury Spanish-inspired apartments and a clubhouse came to be.
Despite not having to commute anymore, Rich Lister Tim Gurner still starts his day at 5.30am and he opens up about why he won't be doing much business travel when restrictions are lifted.
A well-known Melbourne developer is bringing forward plans for 395 new apartments after seeing more than 400 people queued up for a rental inspection last week.
Developer Tim Gurner has gained planning approval for his first mixed-use hotel, residential and retail precinct - the $120 million mixed-use Ateliér Residences and hotel project in Collingwood
You would have to be living under a rock to not have seen, read or heard about the controversy surrounding the structural safety of some newly developed apartment buildings, particularly in NSW. It is time to set the record straight as it is an unfair generalisation to suggest all regions and apartments are regulated the same way.
Lesson number one of university days (one of admittedly not many for me, a terribly restless student) was that prices respond eventually to one fundamental economic concept – supply and demand.
Melbourne, get ready. The top end of the property market is about to explode and it’s all thanks to developers like Tim Gurner. Gurner’s glamorous projects, where penthouses sell for circa $30 million, are specifically aimed at the uber-wealthy or that modern-day acronym HNWI (high-net-worth individuals).
Financial Review Rich Lister Tim Gurner will develop the renowned Novotel St Kilda hotel site overlooking Port Phillip Bay into more than $500 million of luxury apartments, after striking a deal with owner Barana Group and real estate financier Alceon.
It was only eight years ago when GURNER™ first launched Oxley in Collingwood. At the time, Collingwood was perceived as a dangerous, run down location. Today, the inner suburb paints a very different picture, especially in the Foy and Gibson heritage area where we have developed eight buildings with another six in the pipeline. You see a thriving retail, arts and cultural hub, surrounded by some of Melbourne’s most popular restaurants and bars.
Luxury property developer, GURNER™ has confirmed Winning Appliances, Australia’s leading kitchen and laundry appliance specialist, to occupy over 1770sqm of prime retail space at its iconic ‘FV’ development in Brisbane.
Luxury property developer, GURNER™ has announced the sell-out success of its latest super high-end development, 74 Eastern Road, after just three days on the market totaling over $60million of sales, indicating the strength of the local market for the right project in the right location.
Luxury property developer, GURNER™ has acquired the development rights to a substantial 1450sqm site at 162 - 164 Williams Road, Prahran, located within the iconic Hawksburn Village precinct.
In what signals its third South Melbourne acquisition this year, luxury developer GURNER™ has announced the off-market acquisition of a prominent 1,250sqm (approx.) triangle site on the corner of Bowen Crescent and Kings Way, boasting uninterrupted views over Albert Park Lake and north to the city skyline.
As aging community and cultural clubs continue to close at a rapid rate due to financial pressures and declining memberships, luxury property developer, GURNER™ has announced a $30million redevelopment of Johnston Street’s The Spanish Club, (Hogar Español) in a deal that will breathe new life into the much-loved club and ensure its survival into the modern era.
Melbourne’s owner occupiers continue to dominate the inner apartment market, with developer Tim Gurner’s latest luxury development reaching 100 percent sold in less than 48 hours, with over 55% percent sold to owner occupiers.
Luxury property developer, GURNER™ has announced the impending launch of the third and final building in its landmark ‘FV’ project in Fortitude Valley, following the sell-out success of the first two buildings which sold all 651 apartments totaling over $340m in just over 12 weeks.