House and land proceeds to help rebuild Whittlesea
Construction of a three-bedroom Clarendon home in Investa’s Mill Park Lakes Estate is well under way with the entire proceeds of the auction of the home and land to go towards rebuilding the Whittlesea community affected by the Victorian bushfires.
Clarendon and Investa have joined forces with a host of local contractors and suppliers who are donating their time and materials. The home will be auctioned on Saturday, August 29 with all proceeds going to a specific building project in the fire-ravaged area.
The home project was officially launched by the Mayor of Whittlesea, Mary Lalios, in association with the CEO of Clarendon Residential Group, Maurice Felizzi, and Paul O’Brien, General Manager Victoria, Investa Land. Councillor Lalios commented at the launch on the significance of not only the donation, but also its representation of the continuing efforts to rebuild the community:
"It is a pleasure to formally mark the start of Investa and Clarendon’s Raising the Roof project. The house we see taking shape behind us today is a symbol of our goal to rebuild – it is a symbol of hope, it is a symbol of a fresh start and most importantly it is a symbol of friendship, of community spirit and of a commitment to the future."
The house, located in the Mill Park Lakes development in South Morang, is an architect-designed three-bedroom home that includes an open plan family and meals area, a galley style kitchen with Caesar Stone bench tops and stainless steel appliances, an alfresco outdoor entertaining area, private master bedroom with ensuite and his and hers twin vanity, in addition to built in wardrobes, double garage and generous storage.
“Investa and Clarendon Residential have a close association with the Whittlesea community through our Mill Park Lakes development and a soon to be launched Eucalypt development of around 500 lots in Wollert, north of Epping. We wanted to make a significant contribution that reflects the overarching goal of the community - to rebuild and move on from the tragedy of Black Saturday. We are proud to be able to officially launch the Raising the Roof project today - an initiative that is very much a partnership with the local community to contribute funds raised from the final auction back to residents most affected by this natural disaster." Mr O’Brien said.
The funds raised will be placed in the hands of the Victorian Fundraiser Bushfire Committee, which will work closely with the community to determine how the money is best spent.
-ENDS-
For further information on the project, to request an interview or images please contact:
For further information contact:
Investa Property Group
General Manager – Marketing, Katie Barton-Harvey
on 02 8226 9391 or 0427 234 862, kbarton-harvey@investa.com.au
Notes to the editor:
About Investa
Investa is one of Australia’s largest unlisted owners of commercial real estate. Headquartered in Sydney, with management and development offices in Melbourne, Brisbane and Perth.
Since its inception in 2000, Investa has grown to control real estate assets of approximately $9.5 billion. In September 2007, Investa was purchased by funds managed by Morgan Stanley Real Estate (MSRE) and delisted from the Australian Securities Exchange.
Investa has proven experience in three key business areas:
• Commercial Office Group
A fully integrated commercial real estate business. We buy, own, develop and manage highquality office buildings in premier locations in Australia’s capitals. This end-to-end business model gives us an unrivalled capacity to ensure the quality and performance of our properties and our property services. Our Commercial Office Group has approximately A$6.5 billion of assets under management.
• Investa Funds Management
Investa manages a range of wholesale and retail funds on behalf of our clients, who range from institutions, superannuation funds, industry funds and retail investors. Funds under management exceed A$2.2 billion.
• Investa Land
We undertake commercial, industrial and residential development in select locations across Australia. Our residential land developments encompass broad-acre subdivisions in New South Wales, Victoria, Queensland, and Western Australia and we have a development pipeline in excess of A$2 billion.
About Clarendon
Clarendon Residential is one of the largest contract home builders in Australia with over 1,000 dwellings under construction. Clarendon is known for providing quality driven housing for families. Clarendon is a consistent winner of HIA awards for innovative new home designs, HIA GreenSmart housing and OH&S practices.
In the fourth quarter of 2008, Clarendon was separated from Investa and now operates as a stand-alone company. The two companies will continue to work closely together on key projects.
About Mill Park Lakes
Mill Park Lakes is an Investa master planned community of over 2,000 homes developed around a lake and wetland system in Melbourne’s Plenty growth corridor. The project incorporates a retirement village, public and private schools, child care and a local shopping centre.
Media release