CLIENT SUCCESS STORY
From an Idea to a Landmark Development
How early research and a long-term outlook identified an opportunity in Pelican Waters before the surrounding marina was built.
The Opportunity
In 2019, Carlyle Terraces existed only as an idea. The proposed development included 25 terrace homes positioned directly opposite a planned man-made marina in Pelican Waters.
At the time, the marina was yet to be built. Recognising the opportunity required imagination, patience and confidence in the area’s long-term potential.
Galaxy identified the Carlyle Terraces development in Pelican Waters before construction began, recognising the long-term potential of the planned marina and surrounding infrastructure. By securing Stage 1 properties for clients and team members at prices between $529,000 and $629,000, investors were positioned to benefit from the area's transformation. Following the marina's completion in 2023, the properties are now estimated to be worth $1.1–$1.2 million, demonstrating the value of early research, strategic timing, and a long-term investment approach.
THE SUMMARY
THE TAKEAWAY
This outcome highlights the value of thorough research, understanding planned infrastructure and committing to a considered long-term strategy.
Nine properties. One carefully considered approach. A patient execution of the plan.
The Approach
Galaxy’s research team identified the development during its early stages and secured Stage 1 properties for two Galaxy team members and seven clients.
Purchase prices ranged from $529,000 to $629,000.
The Outcome
The marina was completed in 2023, followed by a significant increase in demand across the area.
Today, the properties are estimated to be valued between $1.1 million and $1.2 million.
Current values are estimates only. This case study reflects the opportunities and market conditions available at the time. Individual outcomes vary, and property values are not guaranteed.