Williams Landing
Overview:
Innovista Group was engaged by Honestar Holdings Pty Ltd to provide strategic advisory and consulting services for a master-planned, multi-tower mixed-use development in Williams Landing. Located in Melbourne’s booming western growth corridor, this high-profile project presented a key opportunity for the client, who was selected as lead tender by the vendor. Innovista’s role was to assess the financial viability and risks based on preliminary concept designs and projected scope, ensuring the client could make an informed investment decision.
Innovista Group’s Role:
Innovista provided comprehensive Development Advisory, Due Diligence, Feasibility Studies, and Financial Modelling services. By conducting an in-depth analysis of site potential and advising on contractual and market risks, Innovista guided the client through complex decision-making processes. Demonstrating a forward-thinking strategy, Innovista recommended a cautious approach amid uncertainties, leading Honestar Holdings to opt out of the acquisition due to identified contractual risks, thereby preventing significant financial exposure.
Outcome:
Innovista Group’s expert guidance helped Honestar Holdings mitigate risk effectively by choosing not to proceed. This outcome highlights Innovista’s commitment to safeguarding client interests through rigorous financial analysis and strategic advice, ensuring clients remain well-informed throughout every stage of the development lifecycle.
"Theo and Innovista's thorough due diligence and strategic advice were crucial in our decision-making process. Their comprehensive analysis helped us avoid potential financial risks. We appreciate their commitment to protecting our interests and look forward to future collaborations."
Tony S – CEO | Honestar Holdings
Client
Honestar Holdings Pty Ltd
Location
Williams Landing, VIC
Project Value
$10M
Project Status
Complete
Project Highlights
Master-Planned Development
The project envisioned a multi-tower mixed-use development in the heart of Williams Landing, incorporating residential high-rise apartments with potential for retail and commercial spaces.
Comprehensive Feasibility Analysis
Innovista Group conducted detailed due diligence and financial modelling to assess the project’s viability. This included evaluating market conditions, construction costs, and potential returns on investment.
Risk Mitigation
Through its strategic advice, Innovista identified contractual complexities with the vendor that posed significant risks to the client. As a result, Honestar Holdings opted not to proceed with the acquisition, avoiding potential financial exposure.
Project Highlights
Master-Planned Development
The project envisioned a multi-tower mixed-use development in the heart of Williams Landing, incorporating residential high-rise apartments with potential for retail and commercial spaces.
Comprehensive Feasibility Analysis
Innovista Group conducted detailed due diligence and financial modelling to assess the project’s viability. This included evaluating market conditions, construction costs, and potential returns on investment.
Risk Mitigation
Through its strategic advice, Innovista identified contractual complexities with the vendor that posed significant risks to the client. As a result, Honestar Holdings opted not to proceed with the acquisition, avoiding potential financial exposure.
