CONDEV: THE BEST IS YET TO COME

CONDEV: THE BEST IS YET TO COME

FOUNDED by Steve and Tracy Marais (pictured) in 2002, Condev Construction has evolved as a force to be reckoned with in the building industry in Queensland, turning over around $200 million in FY16.

The Gold Coast-headquartered company, which commenced as a boutique operation, now employs more than 140 staff and has around 25 projects under construction.

The business recently secured a number of project tenders with Brisbane developer Urban Construct. Collectively the deal comprises $190.8 million in residential projects across south-east Queensland.

It also won the tender to build stage one of developer Rayjon Group's flagship $180 million Vantage Gold Coast project at Benowa.

However, it was the company's Village Green project in Nundah which saw it receive recognition by Master Builders in 2016. 

The award recognises quality in construction for a high rise residential building over three storeys and up to $20 million in value.

The Village Green project consists of 39 unique, boutique one and two-bedroom apartments over five storeys with a rooftop recreation area and high quality interior finishes, including 2.7 metre ceilings, stone bench tops and European appliances.

Condev also took out top accolades for the facelift of its very own Brisbane office, winning the award for the top renovation up to $2 million.

Steve Marais says the establishment and growth of Condev has been a rewarding journey.

While the company works primarily in south-east Queensland, expansion opportunities are in the pipeline.

"I am convinced that the best is yet to come," says Steve Marais.

"The gratification we get out of doing business is to see the lives of our staff and their families improve. 

"The rewards of investing in others and the idea of shared prosperity is ultimately what drives us and Condev.  In our endeavours we are always considering the other party. 

"Ultimately we would like to have a national business and probably very strong international associations."

Condev is also known for its active involvement in charity initiatives including the gruelling 96 kilometre Kokoda Challenge, Mat Roger's 4ASD Kids charity, the GC100 and Robbie McEwen's Grand Fondo.

"We don't just passively donate; we actively participate in events and we give our time," says Steve Marais.

"We try to make sure we maintain an active social responsibility for charities and next year we are formally setting up our own Condev Cares charity which we are hoping will raise around $80,000 in its first year to distribute to less fortunate people in our community."

Enjoyed this article?

Don't miss out on the knowledge and insights to be gained from our daily news and features.

Subscribe today to unlock unlimited access to in-depth business coverage, expert analysis, and exclusive content across all devices.

Support independent journalism and stay informed with stories that matter to you.

Subscribe now and get 50% off your first year!

Four time-saving tips for automating your investment portfolio
Partner Content
In today's fast-paced investment landscape, time is a valuable commodity. Fortunately, w...
Etoro
Advertisement

Related Stories

“Not our desired outcome”: Telix withdraws from $300m Nasdaq IPO

“Not our desired outcome”: Telix withdraws from $300m Nasdaq IPO

Telix Pharmaceuticals (ASX: TLX), one of the nation’s largest...

CommBank joins new ‘intelligence loop’ to combat SMS phishing scams

CommBank joins new ‘intelligence loop’ to combat SMS phishing scams

In an effort to reduce the number of SMS phishing scam victims...

Stralis Aircraft secures funding to make commercial hydrogen planes a reality

Stralis Aircraft secures funding to make commercial hydrogen planes a reality

Brisbane-based Stralis Aircraft has become one step closer to its a...

A year after the PwC scandal, the furore is gone – as well as the appetite for structural change

A year after the PwC scandal, the furore is gone – as well as the appetite for structural change

It was a scandal that rocked the shaky foundations of Australia&rsq...