CK Multi-Family in Newcastle

CK Group secured a large existing DA approved residential/mixed use site in the growing suburb of Mayfield with approval for 36 one and two bedroom apartments & two ground floor commercial suites. CK Group negotiate 25 year lease from Compass Housing (a Tier 1 Australian Government backed Community Housing Provider) over all 36 apartments with an end value of over $20M AUD and on-sold it to Centuria Funds Management. The Directors of CK Group are proud to be an early advocate and provider of Multi-Family Housing in Australia.