Projects
Current Projects
33-35 St Georges Road, Preston Vic
Preston is an evolving vibrant lifestyle precinct, buzzing with energy, bursting with colour and character located just 8km north of the Melbourne CBD. 33-35 St Georges Road offers lifestyle and connectivity that is second to none. Perfectly positioned opposite to the Ray Bramham Gardens, just minutes away from Darebin Arts and Entertainment Centre, Bell railway station and Preston Market. Transport options including train, tram and bus lines and the St Georges Rd bike trail are right at the door step.
11-13 Day St, Wodonga Vic
Formerly a motel this site has been converted into a longer term boarding house accommodation for tenants.
4 Alfriston Street, Elwood Vic
Seven impressive residential townhouses coming soon to Elwood. Architecturally designed they offer high-end living with premium fixtures, fittings and finishes throughout and every convenience at your doorstep. The location promises an enviable lifestyle in one of Melbourne’s most popular locales.
58 Wattle Road, Hawthorn Vic
58 Wattle Rd is a collection of seven meticulously designed townhomes delivering impeccable style and luxury complete with city views. The contemporary design created by award winning architects, Idle Architecture Studio retains the character and charm of this highly regarded location. Private entrances and lifts to each dwelling allow for occupants to feel an individual sense of address and a distinct feeling of ownership of their space.
Completed Projects
5 Doveton Ave, Eumemmering Vic
A former primary school this site was converted to 70 residential lots.
184-214 Days Rd, Ferryden Park SA
A former primary school and purchased from Renewal SA, this site was converted to 120 residential lots.
1 Third Ave, Mawson Lakes SA
Formerly known as Optus House original plans were to redevelop the site into a 100 room hotel until the building renegotiated a lease to Lockheed Martin.
13 McAllan St, Burnside SA
Formerly a simple family home in Burnside, this site was subdivided into a further four lots.
45 Corella Ave, Chandlers Hill SA
Formerly a simple family home, this site was subdivided into 12 residential lots.
BAUGRUPPEN
SENA’s Baugruppen approach
The word Baugruppen means ‘building group’ in German. SENA offers its clients a new funding model based on this approach achieving savings of up to 15 per cent on the cost of housing for multi-residential developments.
How does it work?
Banks typically fund up 70 per cent of the required capital to develop a project and investors provide the rest at high-interest rates. In many cases 20 per cent interest is not unusual.
The Baugruppen approach aims to replace some or all of the investor funds with money from the buyer’s group, cutting down the overall cost of funding. That saving is directly passed on to the buyer. As the buyers interest is noted on the title, the model also saves buyers GST and stamp duty.
Contact us to find out about current projects!
SENA Property Group
Suite 805/1 Queens Rd, Melbourne VIC 3004, Australia