About the K2 Development Group 

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Designed. Delivered.
Experienced. Trusted.

K2 Property Development Group Pty Ltd (K2 Property Development Group) is a boutique construction and development company undertaking prestigious projects across NSW and ACT. K2 Property Development Group successfully delivers high quality developments in diverse market sectors, from commercial and retail to multi-residential, and luxury homes.

Originating from a company founded in 1965 by Eric A Koundouris AM, the founder and owner of Supabarn Supermarkets which consisted of 17 stores across ACT and NSW, ranging from 600m2 to in excess of 2,500m2.

With a catalogue of award winning projects, Managing Director Michael Koundouris who is celebrating 30 years in construction, has brought together some of the most talented and innovative minds in the property development industry.

Experience is the most important tool in developing projects that meet the demands of the Australian market and achieving successful budget solutions. K2 understands the logistics and planning required to take a development from concept to design and through to delivery.

K2 embody the spirit of contemporary residential design for the Australian market, building high quality and beautiful homes destined for generations of happy living.

With awards from a number of industry bodies, working with K2 is partnering with success.


 

Our Awards

Previous Awards:

Australian Structural Engineers Award
Green Building Council of Australia 5 Star Green Star Rating (Ausaid)
HIA-CSR ACT & Southern NSW Custom Built Home Open – Finalist
HIA-CSR ACT & Southern NSW Apartment Project under 100sqm – Finalist
HIA-CSR ACT & Southern NSW Apartment Project over 100sqm
HIA-CSR ACT & Southern NSW Apartment Development of the Year – Finalist
HIA Home of the Year
HIA Marketing Award
HIA Custom Built Home of the Year
HIA Apartment Project >100sqm
HIA Apartment Projects <100sqm

HIA Australian High Density Project of the Year (Finalist)
MBA Medium Density Apartment & Units
MBA Special Commendation
MBA Medium Density Project of the Year
HIA High Density Housing >100sqm
HIA High Density Housing <100sqm
HIA Custom Built Home of the Year (Open)
HIA Most Innovative Use of Steel
MBA Medium Density Townhouses & Villas <140sqm
HIA Innovative Use of Steel and HIA Custom Built Home $200K – $270K
HIA ACT/Southern NSW Home of the Year


 

PARTNERS

The most successful relationships come from partnering with collaborators that you trust, who share your vision and who value the advantages of operating as a team. K2 has a long history of working with leading industry professional partners including accomplished architectural firms.

BKH
Cox Partners
MHN Design Union
CRD
Lennock Motors
Cerebral Palsy Alliance
ACT Government
NAB
Squillace

Housing Industry Association (HIA)
Clayton Utz
Back Schwartz Vaughn
Colliers
Independent Group
GSA Planning
DECCA
PSG Holdings

 

 

Media

Custom Homes Magazine feature

June 2023

Our recent projects were featured in Custom Homes Magazine. Read more below:

Chainmail House - NSW Home of the Year

One Point Piper - Australian Apartment of the Year


One Point Piper - 2023 HIA australian APartment of the year

May 2023

A big win for the team at the 2023 HIA-CSR Australian Housing Awards – winning HIA Australian Apartment of the Year. Congratulations to the K2 Built team and all those involved in this unique project.

Project Gallery - One Point Piper

HIA Media - Australian Apartment of the Year


K2 wins big at Housing Industry Awards

October 2022

K2 Property Development Group enjoyed resounding success at the 2022 NSW Housing Industry Association (HIA) Awards night, winning a total of 5 awards including the top gong of NSW Home of the Year. The awards are validation of K2’s continued focus on delivering high-quality projects with innovative and contemporary designs.

The landmark residence, Chainmail House, took out the coveted HIA-CSR NSW Home of the Year in addition to the Custom Built Home of the Year and Custom Built Home over $2.5m.

One Point Piper, featuring 3 luxurious whole-floor apartments, was awarded the Apartment of the Year as well as Apartment Complex up to 20 apartments.

Thank you to the Housing Industry Association (HIA) for the recognition and the wonderful work they do for our industry.


k2 conquers blue mountains

April 2022

K2 is thrilled to announce our latest acquisition - the Blue Mountains Hotel Lawson (The Henry). Come join us for a drink!


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JUSTIN CASE YOU’RE KEEN ON BONDI…

April 2018

We were lucky enough to get this great little write up in Realestate.com.au and in the Wentworth Courier.

https://www.realestate.com.au/news/justin-case-youre-keen-on-bondi-units-are-near-hemmess-new-pub/

 
 

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TRENDY HOMES IN BONDI GETTING SNAPPED UP FAST

March 2018

A short piece from Daily Telegraph on 31st March 2018 about our Estelle development.


HIA Home of the year - 2001

A nice little reminder that we’ve been at the quality end of this industry for a long time. Winner of the 2001 HIA ACT/Southern NSW home of the year.

 
 

Testimonials

Peter Reeve

Director, CRD + Incorporate

“We have worked with Michael for more than 20 years and he and the team at K2 have a heritage of high-level development and construction. They understand the whole process and the value of your investment. They have the experience required to completely understand the market and have the vision to plan for the future.”

Mark Coleman

CEO PSG Holdings

“The K2 Property Group have a strong commitment to our Indigenous people, particularly when it comes to education and training”

Mark Griffths

General Manager, Leighton India And Asia

“It is with pleasure that I provide a testimonial for the K2 Property Development Group. I have known Michael professionally for over twenty years and we worked together on the Sydney Casino Project. I always found him to work with passion, with an exceptional appreciation and understanding for high end residential construction and development.”

Terry Webber

Partner, National Head of Federal Government, PWC

“I have known Michael on a personal level for more than 20 years and engaged him to build my family home in 2008. He and his team did a fantastic job and throughout the project ensured we achieved the desired result. He brought together an excellent group of professionals including interior architects and designers. I would not hesitate to recommend Michael for any high-end residential project.”

Rob White

CEO, Cerebral Palsy Alliance

“Cerebral Palsy Alliance contracted K2 Property Development Group to construct our new purpose-built therapy and administration centre in Scullin, ACT, in 2015. The K2 team, including Michael Koundouris, his project manager and site manager, were consistently professional, knowledgeable and committed throughout the project to delivering a successful outcome. The communication and collaboration afforded by the K2 team allowed the build to run smoothly and to time. The standard of workmanship was exceptional and our beautiful centre now supports our dedicated team in providing essential services to our clients in an ideal environment.”

 

 

OUR WORK IN THE COMMUNITY

The K2 team is passionate about playing an integral role in our community and supporting causes close to our hearts. Actively involved in fundraising and support for more than 20 years, we have had charitable relationships with:


• The Australian Cancer Research Foundation
• Cerebral Palsy Alliance
• Local community sporting clubs
• Local schools
• PSG Holdings
• Sydney Roosters
• Canberra Raiders

CEREBRAL PALSY ALLIANCE

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Developing the Cerebral Palsy Alliance Centre in Canberra was a rewarding experience that saw the provision of a state-of-the-art facility for the local community. The centre includes six therapy rooms, function and training space, a fully equipped gym and a workshop where technicians can manufacture and adapt mobility aids and other equipment. Working with local suppliers and professionals, the K2 team was able to deliver strategic savings and support to bring this important project to life.

PSG Holdings

K2 has been a great supporter of PSGH which helps employ and train indigenous men and women in the construction industry. K2 worked closely with PSGH on a large residential construction project in San Souci, Sydney, and the partnership achieved excellent employment outcomes for the Aboriginal labour force. 

The K2 Property Group have a strong commitment to our Indigenous people, particularly when it comes to education and training,” says Mark Coleman, CEO PSGH.


Thank You to the Real Heroes of 2020

Chloe Koundouris, 16, a student of Kincoppal Rose Bay School, was so touched by the kindness and care she experienced recently at St Vincent’s Hospital that she has organised with the support of K2 Development Group, 200 Self Care Packages to St Vincent staff, nurses and doctors in the emergency department; including the stroke unit and the IBAC unit. This is a time when the staff need more of our help and gratitude as they are the ones on the front line saving lives during this pandemic. 

“My experience at St Vincent’s was very positive in light of the current pandemic circumstances and I really don’t think people see how hard the staff are working until you experience it yourself first-hand. My experience made me realise how lucky and fortunate we are as a nation to have these heroes in our lives which is why I have been liaising with some small local businesses to put together nice little care packages,” Says Chloe Koundouris, 16-year-old student at Kincoppal Rose Bay.

K2 Development Group have helped Chloe donated 200 Self Care Packages which include 3 course meals from The Cosmopolitan Double Bay, Yoga and Meditation class from Shelter and vouchers from Kristin Fisher Eyebrows and Academic Excellence.

“We’re excited to support this great cause to give back to the ones who give so much to the community.” Says Joel, Head Chef of The Cosmopolitan Restaurant Double Bay. 

The Self Care Packages are a way to say thank you to the real heroes of today. Chloe wants to make everyone aware of how hard the staff work every single day even during this pandemic. They also have children and families at home but still put 100% effort to care for us. Chloe is hoping to put a smile on each one of their faces to show how grateful her and her family are as well as the entire Double Bay Community.