The Nexus Developments portfolio, 90 days on from the last update. Below is what actually moved — sales, construction stages, planning approvals — across the 15 active projects.
What sold — Communities
Sales at The Clan Estate reached 49 of 67 lots (18 remaining). Boundary Road at Armstrong Creek opened for sale and passed 30 of 70 lots inside the first release window (40 remaining).
What advanced — construction stages
- Esplanade Brighton — retention system complete, basement civils underway
- Lune Black Rock — basement complete, ground floor slab underway
- Mentone Heights — foundations complete
- Ashburton SDA — fit-out complete this month
- Mentone Mews — build permit imminent, trades lined up
What sits in the Under Planning book
The three Under Planning sites — 415 Tuckers Road Clyde North ($45M), 1 Lewis Street Frankston ($13.25M), 301–303 Main Street Mornington ($22.69M) — advanced through approvals and consultation this quarter. Combined pipeline value: $80.9M.
What comes next in Q4
Mentone Mews build permit and construction start. Continued sales campaign at Boundary Road. Handover coordination at Ashburton SDA. Foundation-to-frame progression at Mentone Heights. Framing above the slab at Lune. Second-storey progress at Brighton once basement civils resolve.
A portfolio is a moving object. This is where ours moved to.
Nexus Developments — Melbourne multi-sector property development.
nexusdevelopments.com.au · +61 3 9460 1865