SM Developments Group

Small, well-located projects, held and improved.

We buy buildings that have been let go, put them right, and keep them rather than selling them on.

NSITE PLAN · INDICATIVE

Approach

How we work

Buy the right building

Small sites in established suburbs, usually ones that have been let go. Position first, then what can actually be done with it.

Sort the planning first

Permits and drawings are done before we offer it to anyone. It saves everybody the guesswork later.

Do the work properly

Every project carries a full set of documents. If it is not on paper, it is not done.

Find someone good to run it

We hold and improve rather than flip. We would rather the right operator than the quickest one.

Why we do it this way

  • We find neglected and underloved properties, and bring them back to life.

  • We bring a beautiful property back to the market for someone to run.

  • Our return is made on the value, a win for the community, the tenant and us.

Current project

73-75 Eildon Parade, Rowville

An existing childcare building on a corner site.

Front elevation, drawn from the street. Indicative.

Single-storey brick building seen from the street, with mature trees along the frontage.
Street elevation, existing brick. Daylight, uncorrected.
Interior room with exposed timber rafters, clerestory windows and a lined ceiling.
Interior, exposed rafters, as found.
Aerial view of the site with the title boundary marked in white, showing the building, play yards and two street frontages.
Site boundary, marked. Corner of two residential streets.
Large open room with raked ceiling, exposed beams, clerestory glazing and carpet to one half.
Main room, clerestory glazing to the ridge.
Room with a run of white joinery and a servery bench along one wall, under a raked lined ceiling.
Servery and bench run, existing joinery.
Carpeted corner room with windows to two elevations and exposed beams overhead.
Corner room, windows to two elevations.
Children's bathroom with a stainless trough basin, low toilet pans and a wall-mounted first aid cabinet.
Children's amenities, existing fitout.
Rear of the brick building seen from the play yard, with shade sails and a mature peppercorn tree.
Rear elevation from the play yard.
Red shade sail on timber posts over a mulched play area, with fencing and neighbouring rooftops beyond.
Shade sail over the play area, as found.

The firm

Privately held. Based in Melbourne.

We are privately held, and we develop to hold. Selling on is not the plan, so nothing here gets rushed to meet a date.

That changes how we buy. We can wait for a building worth waiting for, and take the time to resolve the planning properly before anyone sees it.

It changes who we lease to as well. We are still here after the tenant moves in, so a tenant who does well matters more to us than a quick one. You deal with the people who own the building, not an agent in the middle.

Sectors

  • Residential
  • Education
  • Commercial
  • Retail

Section through the roof. Indicative.

Enquiry

Write to us.

Tell us who you are and what you are after. It comes straight to us.

Worth including

Which sector, the size you need, and your timing.