Turrisi Properties
Turrisi Properties is a privately-held, family-owned Brisbane property developer delivering built residential apartments, townhouses and terrace homes, master planned communities, and boutique land subdivisions across South East Queensland, serving individual homebuyers, property investors and small retail tenants.
- Company typePrivate
- Founded2000
- HeadquartersBrisbane, Australia
- Headcount1–10
- GTM typeB2C
- OfferingServices
What Turrisi Properties does
Turrisi Properties is a privately-held, family-controlled Brisbane property developer operating exclusively in South East Queensland. The firm was founded in 2000 by Gaetano Turrisi, who brings 35+ years of property development experience and has overseen the delivery of more than 6,000 residential lots and residences across SEQ. Turrisi delivers two core product categories: built residential developments (apartments, townhouses and terrace homes in urban infill locations such as West End, New Farm, Highgate Hill and Mt Coolum) and land subdivisions/master planned communities (Forest Park with $190M development value across 1,000 lots; Wakerley across 1,500 homesites over 15 years). Architectural partnerships with BVN Architecture, Rothelowman, Russell Hall and BASE/Architectus underpin the design-led positioning of these projects.\n\nThe business operates on a project-by-project sales model, monetising inventory through three streams: land lot sales in master planned communities and boutique subdivisions, built-form apartment and townhouse sales, and a small layer of retail and commercial leasing within mixed-use projects such as The Glass Factory and INK Apartments. Distribution is sales-led, with on-site project sales centres supplemented by dedicated project websites (e.g., pallaraland.com.au, heathwoodrise.com.au), realestate.com.au listings, Instagram-led social engagement and direct phone enquiry channels. Pricing is per-lot/per-unit and varies by location, views and size; no formal price list is publicly disclosed.\n\nThe organisation is small (1-10 employees), family-led with multiple Turrisi family members in management (Samantha Turrisi as Business Manager, Eugenie Turrisi as Marketing Manager), and self-funded. It holds no external institutional capital, has no M&A history, and operates within a tightly defined SEQ geography supported by multi-award recognition (UDIA Queensland, Master Builders, Queensland Architecture Awards and a 2010 World Architecture Festival finalist placement).
Turrisi Properties firmographics
Firmographics- Name
- Turrisi Properties
- Legal name
- Turrisiproperty Pty Ltd ACN 132 970 220
- Website
- https://turrisiproperties.com.au
- Company type
- Private
- Founded year
- 2000
- Operating status
- Operating
- Headcount range
- 1–10 employees
- Short description
- Turrisi Properties is a privately-held, family-owned Brisbane property developer delivering built residential apartments, townhouses and terrace homes, master planned communities, and boutique land subdivisions across South East Queensland, serving individual homebuyers, property investors and small retail tenants.
- Ownership category
- akta.pro rank
Turrisi Properties industry classification
Industry- Product category
- Residential Real Estate Development
- NAICS
- New Housing For-Sale Builders (236117), Land Subdivision (2372)
- SIC
- Land Subdividers & Developers (No Cemeteries) (6552), Real Estate Dealers (For Their Own Account) (6532), Lessors Of Real Property, Nec (6519)
- akta.pro primary industry
- Spec Home / Production Homebuilding (Tract & Volume Builders) (IMAFABAD)
- akta.pro secondary industry
- Land Brokerage (Raw Land & Development Sites) (FSAEAJAD)
Keywords
Where Turrisi Properties is headquartered
LocationHeadquarters
- HQ city
- Brisbane
- HQ country
- Australia
- HQ region
- Oceania
Offices1 record
Markets served
Turrisi Properties business model
Business model- GTM type
- B2C
- Offering type
- Services
- Cost components
- Infrastructure, Personnel, Operations, Marketing or Sales, Supply Chain
Revenue model
- Land Sales: Sale of residential land lots in master planned communities and land subdivisions across South East Queensland
- Built Residential Sales: Sale of completed apartments, townhouses, and terrace homes in mixed-use and residential developments
- Retail & Commercial Leasing: Leasing of retail and commercial tenancies within mixed-use developments such as The Glass Factory and INK Apartments
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Unit Pricing | Pay-as-you-go | Residential Land Lots |
Go-to-market motion1 record
Distribution channels4 records
Marketing channels8 records
Turrisi Properties product offering
Product offeringCore offering
Turrisi Properties is a Brisbane-based property developer specialising in residential and mixed-use developments in South East Queensland. The company develops and sells residential land lots in master planned communities and boutique subdivisions, as well as built residential apartments, townhouses, and terrace homes. It also develops and leases retail and commercial tenancies within mixed-use projects such as The Glass Factory and INK Apartments.
Product overview
Turrisi Properties is a Brisbane-based property development company offering a diverse portfolio of residential and mixed-use developments across South East Queensland. The company operates two main product categories: Built Residential developments (premium apartments, townhouses, and terrace homes in urban locations) and Land Subdivision projects (master planned communities and boutique land releases). Key built residential products include INK Apartments, Bohemia West End, The Glass Factory (mixed-use), The Ivy, Jasper Lane, Kula at Mt Coolum, and Brighton/Balmoral Terraces. Land subdivision products span master planned communities (Forest Park with 1,000 lots, Wakerley with 1,500 homesites) to boutique releases across suburbs including Pallara, Heathwood, Algester, Taigum, and Carseldine. The company also develops retail and commercial spaces, with retail tenants including Superthing café, NYC Bagel Deli, Sea Fuel, and Morning After operating within their developments. Turrisi HQ serves as the company's own commercial office space within The Glass Factory development.
Differentiator
Problem solved
Functional benefit
Products and services
- INK Apartments Residential apartment development in West End, Brisbane featuring 1, 2, and 3 bedroom apartments, courtyard apartments, and 3+ MPR skyhomes designed by Rothelowman. Targets owner-occupiers and investors seeking premium inner-city apartments.
- Bohemia West End Completed residential development in West End designed by Rothelowman, capturing historic, cultural, and architectural characteristics of the precinct. Targets owner-occupiers and investors.
- The Glass Factory Mixed-use development in West End completed March 2015, comprising 47 one, two, and three bedroom apartments plus 700m² of retail and a 250m² boutique office building (Turrisi HQ), designed by Rothelowman. Serves residential owner-occupiers, investors, and commercial tenants.
- The Ivy Seven multi-level luxurious terrace homes with absolute New Farm Park frontage, a $13 million development completed mid-2009, designed by BVN Architecture. Targets luxury owner-occupiers and downsizers.
- Jasper Lane Private enclave of 12 multi-level contemporary attached and semi-detached homes in New Farm, a $19 million project completed mid-2009, designed by BVN Architecture. Targets premium owner-occupiers and downsizers.
- Kula at Mt Coolum $35 million coastal development completed January 2015 consisting of 64 two and three level attached, semi-detached and free-standing townhouses, each designed by a different architect (BASE Architecture, BVN Architecture, Architectus, Davis Sommerville). Targets lifestyle buyers and coastal investors.
- Brighton Terraces Five modern terrace homes and 3 individual homes in Highgate Hill designed by Russell Hall, featuring three bedrooms, two bathrooms, spacious living areas and decks. Targets owner-occupiers.
- Balmoral Terraces Seven modern terrace homes built over 3 levels including retention of 3 Queenslander homes with city views, designed by Russell Hall. Targets premium owner-occupiers.
- Wakerley Master Planned Community Over 1,500 home sites across 53 stages developed within Wakerley over 15 years, with final stage completed in 2013. Comprises Tilleydale, Belmont Chase, Baychester, Wakefield Parkrise and Wakefield Parkland. Targets homebuyers and investors in Brisbane's bayside growth corridor.
- Forest Park Master Planned Community Multi-stage residential development in Doolandella with 1,000 lots across 22 stages, completed in 2013 with $190 million development value. Targets families seeking affordable land in Brisbane's western growth corridor.
- Heathwood Rise 168 lots over 4 stages at a unique hilltop address in Heathwood. Targets owner-occupiers and investors.
- Element East (Pallara) 237 lots across 6 stages in Pallara (Stages 1-6 completed from 2020 to mid-2022), with lot sizes ranging from 250m² to 670m². Targets first-home buyers, upgraders, and investors.
- Northpoint (Taigum) Construction completed land subdivision in Taigum with freehold titles and level landscaped lots from 300m² to 581m². Targets owner-occupiers and investors.
- Elizabeth (Toowong) Limited release of premium land in Toowong, currently selling. Targets owner-occupiers and investors in Brisbane's premium inner-west.
- North Hill (Taigum) Elevated, secluded address in Taigum with freehold titles, north/east facing, completed in 2023. Targets owner-occupiers and investors.
- The Glass Factory Boutique Retail Limited retail tenancies in West End within The Glass Factory development, up to 8 retail spaces ranging from 32m² to 158m². Targets small-to-medium retail tenants seeking premium inner-city locations.
- INK Boutique Retail Up to two retail tenancies available from 65m² to 165m² or combined at 225m², located within INK Apartments development on Montague Road, West End. Targets small-to-medium retail tenants.
- Turrisi HQ Commercial Office Space 250m² of commercial office space spread across 2 levels at 3a Cambridge Street, West End, completed in 2015, designed by Rothelowman. Used as Turrisi's company headquarters and available as commercial office leasing.
Companies that use Turrisi Properties
Customer profileNamed customers3 records
Segments3 records
Ideal customer profiles3 records
Turrisi Properties technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Feature1 record
Turrisi Properties partnerships and signals
Strategic signalPartnerships
Seven partnerships are on record, tiered minor and core.
- Greening AustraliaminorCommunity and environmental support organisation supported by Turrisi Properties as part of their community giving program
- Micah ProjectsminorCommunity support organisation supported by Turrisi Properties as part of their community giving program
- Charitable TrustminorCharitable trust supported by Turrisi Properties as part of their community giving program
- BVN ArchitecturecoreRenowned architecture firm responsible for design of Jasper Lane and The Ivy projects - multi-award winning residential developments
- RothelowmancoreRenowned national architecture firm responsible for design of Bohemia West End, INK Apartments, and Turrisi HQ - key built residential projects
- Russell HallcoreRenowned Brisbane architect responsible for design of Balmoral Terraces and Brighton Terraces projects
- BASE Architecture, Architectus, Davis SommervillecoreArchitecture firms collaborated on Kula at Mt Coolum project - 64 townhouses each designed by different architects creating unique beachside community
Scale indicators5 records
Recent moves6 records
Expansion highlights5 records
Turrisi Properties competitors and assessment
Company assessmentBroad incumbents
- Stockland: ASX-listed major Australian developer and owner of master planned communities, residential land, retail town centres, and logistics. Operates at much larger scale than Turrisi but competes directly in SEQ residential land subdivisions.
- Lendlease: ASX-listed global property developer with significant Australian residential communities and urban regeneration operations (e.g., Brisbane Showgrounds, Melbourne precincts). Larger incumbent with similar mixed-use development orientation.
- Frasers Property Australia: Australian arm of Frasers Property, delivering master planned communities, apartments, and commercial developments across QLD, VIC, and NSW. Competes with Turrisi in SEQ land subdivisions and urban infill apartments.
- Mirvac Group: ASX-listed Australian property group with house and land, apartment, and build-to-rent operations across QLD, NSW, VIC, and WA. Larger incumbent with overlapping apartment/townhouse development in SEQ, especially in West End-style urban infill.
- Sekisui House Australia: Australian arm of Japanese homebuilder Sekisui House, operating master planned communities (e.g., Harmony, Olive Hills) and medium-density housing in SEQ. Direct overlap on master planned community delivery model in the same geography.
Direct peers
- Peet Limited: ASX-listed Australian land developer with the same core model as Turrisi: acquires land, subdivides into residential lots, and sells to homebuyers/investors across master planned communities. Closest comparable on land subdivision business model and SEQ exposure.
- Cedar Woods Properties: ASX-listed Australian residential developer delivering master planned communities and medium-density housing in WA, VIC, and QLD. Comparable mid-cap developer with similar product mix of land subdivisions and built residential.
- AVID Property Group: Australian residential developer (subsidiary of AVID Group) focused on master planned communities across QLD, VIC, and SA. Directly comparable to Turrisi's SEQ master planned community delivery and mixed-use built form.
- Devine Limited: QLD-headquartered residential developer (now part of Simonds Group) historically focused on house and land in SEQ and greater Brisbane. Comparable in geography and product mix to Turrisi's land subdivision and townhouse business.
- AV Jennings: ASX-listed Australian residential developer focused on house and land packages and medium-density projects across QLD, NSW, and VIC. Similar mid-size developer profile with comparable land subdivision business.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat5 records
Key risks6 records
Key highlights7 records
Customer concentration
Turrisi Properties social profiles
Digital presenceTurrisi Properties financial estimates
Financial estimateRevenue estimate
Valuation estimate
Turrisi Properties leadership team
Management profileNumber of profiles
Profiles6 records
Turrisi Properties funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Turrisi Properties M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Turrisi Properties
What does Turrisi Properties do?
Turrisi Properties is a Brisbane-based property developer specialising in residential and mixed-use developments in South East Queensland. The company develops and sells residential land lots in master planned communities and boutique subdivisions, as well as built residential apartments, townhouses, and terrace homes. It also develops and leases retail and commercial tenancies within mixed-use projects such as The Glass Factory and INK Apartments.
Is Turrisi Properties a public or private company?
Turrisi Properties is a private company. It is classified as family owned and is currently operating.
When was Turrisi Properties founded?
Turrisi Properties was founded in 2000. It employs 1 to 10 people.
Where is Turrisi Properties based?
Turrisi Properties is headquartered in Brisbane, Australia, in the Oceania region.
How does Turrisi Properties make money?
Three revenue lines are on record. Land Sales are the primary driver. The others are built Residential Sales and retail & Commercial Leasing.
Who are Turrisi Properties's main competitors?
Broad incumbents on record are Stockland, Lendlease, Frasers Property Australia, Mirvac Group and Sekisui House Australia. Direct peers are Peet Limited, Cedar Woods Properties, AVID Property Group, Devine Limited and AV Jennings.
Does Turrisi Properties have an API?
No public API is recorded for Turrisi Properties.
What industry is Turrisi Properties in?
Turrisi Properties's product category is Residential Real Estate Development. Its primary akta.pro industry code is IMAFABAD, Spec Home / Production Homebuilding (Tract & Volume Builders), with a secondary code of FSAEAJAD, Land Brokerage (Raw Land & Development Sites). Its NAICS code is 236117 and its SIC code is 6552.