The company’s other recent work involves contracting for other developers and private clients to assist them with project management services and feasibility studies. In addition to developing their own projects, they are also fullservice development company with the capability to service many client types. Apexx Development’s preferred target area is the Sutherland Shire Council area within greater Sydney. They also work in multiple other local government areas (LGAs) in Sydney, namely the Eastern Suburbs of Sydney and Lower North Shore suburbs where water views are abundant and the high-end luxury market is on a whole other level. Their other aspirations are of soon branching out to Southeast Queensland, but Sutherland Shire remains their home base. Mike chose the area after carefully researching all 30plus Sydney LGAs and finding the Sutherland Shire Council area to be in the top five for development applications and development approvals. “Understanding where our target markets are profitable for our business, its investors, and where we can make a difference in the community is critical to our success,” Mike comments. From an,,operational standpoint, Apexx’s business model is set up to use their own capital and also utilise investor capital contributions. They partner with investors who become shareholders or joint venture partners on each project, depending on the structures that are deployed to meet those investors’ needs. With the help of those investment partners, Apexx is able to acquire property in the best premier locations for their development sites. According to Mike, those investors are drawn to Apexx Developments because of their “carefully-calibrated systems, proven process and systemised approach of due diligence” which they use to select the best development sites. “We are very selective of the sites we look at ensuring they meet the criteria of our brand and the returns our investors are looking for. Apexx, to me, is the pinnacle or peak of highest achievement. This is what we deliver on each of our projects.” “My attention to detail and long-standing history as a professional project manager gives our clients a lot of confidence. Once our investors see the detailed analysis provided for in our investor packages to make an investment decision, we tend to have an over-subscription of capital. We then select the investors who are best suited. This always produces the best results in partnerships. This is why we are developing our project pipeline quite aggressively at the moment to continue having projects for our investors to participate in.” NOVEMBER 2022
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