Q1 of the 2026-27 financial year is closing this month. Below is the Nexus Developments portfolio position across the four operating verticals as we head into Q2.
Communities
Two completed corridor estates (The Clan Estate, Armstrong Grove) supporting active sales at Boundary Road (30 of 70 lots sold) and The Clan Estate (49 of 67 lots sold). Two completed boutique infill projects — 66 Northcliffe Road Edithvale and 246 Boronia Road Boronia — providing the operating-discipline base for larger corridor work.
Care
Mentone Mews build permit imminent. Mentone Heights foundation complete, moving to frame. Ashburton SDA fit-out complete this month. Nexus Life Shepparton — 90 seniors homes — sitting under planning as the largest Care project by GRV.
Learning
Eaglehawk Childcare — 100 places — in fit-out. Enrolment expressions of interest live via the Nexus Learning team.
Commercial
Esplanade Brighton basement civils underway. Lune Black Rock ground floor slab underway. Both projects on program.
Under Planning
Clyde North ($45M), 1 Lewis Street Frankston ($13.25M), 301–303 Main Street Mornington ($22.69M) — combined $80.9M advancing through approvals.
One quarter in. The pipeline is where it needs to be.
Nexus Developments — Melbourne multi-sector property development.
nexusdevelopments.com.au · +61 3 9460 1865