Lifestyle Property - Riviera properties limited is a progressive unlisted public company with approximately 400 shareholders.
 
   
 
 
 


The company is the leading property development and investment organization within Gippsland Lakes and East Gippsland region, focusing on waterfront property and lifestyle property developments. Riviera properties also have investments across Australia and development interests in the metropolitan area. The company is a result of the amalgamation of the various entities, and has been operating and producing quality and award winning waterfront and lifestyle property developments for over 20 years.

The Paynesville waterfront inland canal system is one of the largest ongoing projects undertaken by Riviera Properties. These highly successful waterways have celebrated their 21st anniversary of commencement, and to date have created hundreds of absolute waterfront allotments along with 7 kilometers of waterways to the delight of baby boomers, retirees and sea-changers, all of whom are seeking quality waterfront and the fabulous lifestyle it has to offer.

Canal developments are becoming very difficult to reproduce. Our first-class waterfront and lifestyle properties will become scarcer throughout Australia. With all its approvals in place Rivera properties limited are extremely well placed to benefit, as the company moves into the last and very best stages of north facing Paynesville waterfront land.

 


In Metung – Riviera Properties are owners of the Kings Cove Metung development. This will be Victoria’s first integrated golf, boating and residential development. Located on 160 hectares, the planned facilities include a gold course, a resort, spa, 350 berth marina, shops restaurants, conference centers and boat storage. Many residents have already built homes at kings Cove and others are following the “Be Inspired” theme for contemporary housing designs for lake side and golf course residential living.

The Company is the founding owner of Auswide Management Limited (Auswide). Auswide is taking on three new shareholders within its register and each will hold a 25% ownership stake in this company. The investment in Auswide and its projects will provide a base income stream to the company through development of and or investment in commercial property throughout Australia. Auswide is the Trustee of the Auswide investment trust – an entity developing and owning Government tenanted commercial properties which has now expanded its AFS license to act as a Responsible Entity for Managed Investment Schemes.




   
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