K2 Property Development Group’s story is one of deliberate growth—both in scale and in vision. Founded in 1965 by Eric A. Koundouris AM, what began as a modest family-led homebuilding company has evolved into one of Australia’s most forward-thinking, lifestyle-focused property developers. When the company started, they focused on building modest cottages around Canberra—they are now based in Sydney and design and construct high-rises that meet a wide range of lifestyle needs. According to Managing Director Michael Koundourin—Eric’s son, and an industry veteran in his own right—the company’s storied history is a key driver of their success to this day. Because they have that history, he says, they uniquely understand the market and have the vision to plan for the future. “Experience is the most important tool in developing projects that meet the demands of the Australian market and achieving successful budget solution,” Michael says. “At K2, we understand the logistics and planning required to take a development from concept to design and through to delivery.” Over the years, K2 has undertaken a wide range of prestigious projects across NSW and ACT, working in diverse market sectors, from commercial and retail to multi-residential, and luxury homes. These days, they continue to pursue that diversity, but they are particularly passionate about delivering mixed-use developments that integrate retail and residential elements in a single community hub. As an integral part of their growth strategy, K2 often retains ownership of parts of their project THE CONSTRUCTION SOURCE AUSTRALIA
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