What Anka Property Group does

Anka Property Group is a privately held property development and construction company founded in 1968, headquartered in Edgecliff, NSW, Australia, and family-controlled by Directors Andrew and Vera Boyarsky. The firm acquires land, secures planning approvals (often achieving substantial uplifts in development controls through multi-lot consolidation and proposal processes), constructs, and either sells development sites or completes buildings for sale or lease. Its 80+ project portfolio spans residential apartments and townhouses, commercial offices, retail shopping centres, hotels, mixed-use developments, and institutional facilities across Australia (NSW, QLD, WA, NT), the USA (Washington, California), and Fiji, with current activity concentrated in Sydney's premium eastern suburbs. Notable achievements include Liberty Grove (a 788-dwelling master-planned community that was gazetted as its own NSW suburb), Union Balmain (Australia's first 4-star Green design rating for residential apartments), and Top End Hotel (highest turnover of any hotel complex in the Northern Territory at completion).

The business operates on a transaction-based, one-time revenue model tied to individual project sales rather than recurring contracts or standardized pricing. Distribution is direct-to-consumer via on-market sales campaigns and off-market transactions (e.g., The Hensley, Eastside Square, One Darling Point to Lend Lease). Commercial assets such as Edgecliff II (3,570 sqm A-grade offices, 2020) generate some recurring rental income from anchor tenants including the Australian Federal Government and Westpac Bank. The firm runs a lean operating team (1-10 employees), relies on outsourced construction, and is primarily self-funded through project debt and family capital, with no disclosed external investors, funding rounds, or institutional ownership. Marketing is limited to a corporate website displaying current projects; there are no formal partnerships, alliances, patents, trademarks, or AI/digital product capabilities disclosed.

Name

Anka Property Group

Legal name

Anka Property Group

Website

https://ankaproperty.com

Company type

Private

Founded year

1968

Operating status

Operating

Headcount range

1–10 employees

Short description

Anka Property Group is a family-owned Australian property developer and constructor, founded 1968, that acquires land, secures planning approvals, and delivers residential, commercial, retail, hotel, and mixed-use projects across Sydney and internationally. It serves end buyers, institutional purchasers, and commercial tenants.

Ownership category

akta.pro rank

Product category

Real Estate Development

NAICS

Lessors of Nonresidential Buildings (except Miniwarehouses) (53112), Real Estate Property Managers (53131), Lessors of Real Estate (5311), Rental and Leasing Services (532)

SIC

Real Estate Dealers (For Their Own Account) (6532), Land Subdividers & Developers (No Cemeteries) (6552), Operators Of Nonresidential Buildings (6512), Real Estate Operators (No Developers) & Lessors (6510)

akta.pro primary industry

Master-Planned Community & POA Management (BPAJAHAD)

akta.pro secondary industry

Multifamily Apartment Property Management (BPAJAFAA)

Keywords

• Property development
• Real estate construction
• Mixed-use developments
• Commercial property
• Residential apartments

Headquarters

HQ city

Edgecliff

HQ country

Australia

HQ region

Oceania

Offices1 record

Markets served

GTM type

B2B and B2C

Offering type

Services

Cost components

Supply Chain, Operations, Personnel, Infrastructure, Marketing or Sales, Others

Revenue model

1. Property Development Sales: Core revenue from acquiring land, obtaining development approvals, constructing residential, commercial, mixed-use, retail, and hospitality projects, then selling completed developments or sites to buyers. Revenue is transaction-based, one-time per project.

Go-to-market motion1 record

Distribution channels2 records

Marketing channels1 record

Core offering

Anka Property Group is a property development and construction company that acquires land, secures planning approvals, and delivers residential, commercial, retail, hotel, and mixed-use developments across Australia, the USA, and Fiji. The company sells completed properties, development-approved sites, and leases commercial space, with a portfolio spanning apartments, townhouses, A-grade offices, shopping centres, hotels, and master-planned communities.

Product overview

Anka Property Group is a property development and construction company with over 50 years of experience in international property development and construction. The company's portfolio spans residential apartments and townhouses, commercial office buildings, retail shopping centers, hotels, and mixed-use developments. Key projects include recent developments such as RANDWICK (2025), ONE DARLING POINT (2024), EDGECLIFF II (2020), 30 BAY (2019), THE HENSLEY (2016), UNION BALMAIN (2015), EASTSIDE SQUARE (2014), and international projects including ALTA in San Diego (2008), ARGENTA and 55 NINTH in San Francisco (2009), and various projects in Western Australia and Queensland dating back to 1968.

Differentiator

Problem solved

Functional benefit

Products and services

• The Hensley Eight-storey mixed-use building comprising 46 apartments and a retail shop located in Potts Point, NSW. Features design excellence via the City of Sydney design competition, heritage element retention, complex foundation engineering over rail tunnels, communal rooftop gardens, and atriums. Sold off-market to a buyer after multiple offers.
• Edgecliff II A-grade commercial office building with 3,570sqm net lettable area over 5 floors, 70 secure basement parking spaces, rooftop and balcony terraces, and end-of-trip facilities. Located next to Edgecliff transport interchange, 10 minutes east of Sydney CBD. Tenants include Australian Federal Government, Westpac Bank, medical specialists, and a specialised accounting firm. Houses the Anka Property Group head office.
• One Darling Point Development-approved site of 1,746sqm consolidated from 5 lots at the corner of Darling Point Road and New South Head Road, Sydney's eastern suburbs. Granted substantial uplift in development controls through LEP gazettal. Sold to Lend Lease following a sales campaign.
• Randwick Development-approved (DA approved) residential project in Randwick, NSW, listed as "coming soon" for future sale.
• 30 Bay High-end mixed-use project at the prominent corner of Bay Street and Guilfoyle Park in Double Bay, comprising 13 oversized apartments above ground and first-floor retail and commercial tenancies.
• Union Balmain Residential apartment development in Rozelle comprising 199 apartments, the first project in Australia to receive a 4-star Green design rating for residential apartments.
• Eastside Square Mixed-use development in Lindfield, NSW, comprising 122 apartments above 2,400sqm of retail space. Sold off-market.
• ALTA (Surry Hills) Mixed-use development completed in Darlinghurst/Surry Hills, Sydney.
• Liberty Grove 15-hectare master-planned residential community comprising 788 dwellings in Sydney, gazetted by the NSW State Government as a suburb in its own right. Recipient of numerous state, national, and international awards for innovation, master planning, construction, and design.
• Top End Hotel Multi-award-winning hotel in Darwin, Northern Territory, recording the highest turnover of any hotel complex in the Northern Territory.
• Novotel Hotel Darling Harbour Large-scale Novotel hotel development overlooking Darling Harbour, comprising 536 rooms plus 420 all-suite hotel rooms.
• South Hill Village 40,000sqm shopping complex in Seattle, WA (USA), anchored by Wal-Mart and Home Depot.
• Castle Towers Shopping Centre Substantial suburban shopping complex in northwest Sydney, with Coles and K-Mart as anchor tenants alongside 61 specialty retailers.

Quantifiable outcome

• First 4-star Green design rating for residential apartments in Australia (Union Balmain)
• +2 more outcomes

Named customers7 records

Segments3 records

Ideal customer profiles2 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Scale indicators2 records

Recent moves3 records

Expansion highlights4 records

Direct peers

• Aqualand: Boutique Sydney developer of premium residential, mixed-use, and commercial projects in harbor and CBD-fringe locations, comparable in scale, asset mix, and eastern suburbs focus to Anka Property Group.
• Meriton: Large Sydney-based apartment developer focused on high-rise residential product in Sydney and other east coast cities, comparable business model of developer-led apartment construction and sale.
• Grocon: Australian property developer with significant residential, commercial, and mixed-use project history in Sydney, comparable in asset class diversification though typically operating at larger scale.
• Coronation Property: Sydney-focused private developer of master-planned residential communities and mixed-use projects, comparable to Anka's Liberty Grove-style master planning and Sydney-centric pipeline.
• Crown Group: Sydney-based boutique apartment and mixed-use developer with a focus on design-led residential towers in inner-city and eastern suburbs locations, closely comparable to Anka's premium Sydney residential pipeline.
• Toplace: Sydney metropolitan residential apartment developer with a focus on medium-density projects, overlapping with Anka's apartment and mixed-use development activity in greater Sydney.

Broad incumbents

• Lendlease: Major Australian diversified developer and constructor with global operations; a counterparty buyer of Anka's One Darling Point site and operates across the same residential, commercial, and mixed-use asset classes.
• Mirvac: Large ASX-listed Australian property developer and investor with residential, commercial, and mixed-use portfolios, operating at significantly greater scale than Anka but in overlapping Sydney eastern suburbs markets.
• Stockland: Major ASX-listed Australian developer with master-planned communities, residential apartments, and commercial assets, overlapping with Anka's master-planning and mixed-use development capabilities.

Emerging players

• Sekisui House Australia: Australian arm of Japanese homebuilder Sekisui House, focused on master-planned residential communities and medium-density housing, partially overlapping with Anka's master-planning expertise at Liberty Grove.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks6 records

Key highlights7 records

Customer concentration

Revenue estimate

Valuation estimate

Number of profiles

Profiles2 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Anka Property Group