Sydney, North South Wales (May 30, 2014) – Melbourne, Malcolm Sharpe says, is fast becoming a hotspot for residential tower construction. The CEO and executive director of The Pinnacale Group cites recent statistics to bolster this claim.

Between 2006 and 2012, Melbourne’s flourishing business, real estate, construction and hospitality industries created 76,000 new jobs. The influx of new workers saw the city’s residential population grow by a 25%. The turning point, however, came in 2012 when residential accommodations finally overtook office space.

Given these developments, Sharpe believes now is an ideal time to invest in residential real estate properties, such as apartment buildings and condominiums. With Melbourne home prices increasing 12% over the past year, these multi-family housing structures are an attractive option for both executive singles and families alike who need suitable dwelling in the bustling city.

As a leading property developer, The Pinnacale Group can help investors take advantage of this golden opportunity. By leveraging its extensive business contacts, the firm can raise the needed capital to launch projects. Furthermore, they are experts in closing deals with investors and managing the construction of real estate developments.

To ensure profitability, the firm employs a twelve-point risk-assessment tool that identifies material risks and validates financial assumptions about a project. Third-party consultants are also brought in to analyse legal, technical and accounting issues that might crop up during construction. Through these steps, The Pinnacale Group offers a 35% return on investment to stakeholders and strives to achieve a low debt-to-asset ratio in all projects.

To know more about The Pinnacale Group’s services, visit: www.Pinnacale.com.au.

About The Pinnacale Group

The Pinnacle Group was founded in 2004 in Sydney. The firm boasts a team with over 30 years of real estate development experience between them. The Pinnacale Group uses its extensive network of business contacts to identify profitable investment opportunities. Many successful projects have been launched by Malcolm Sharpe in Melbourne, including hospitals, aged-care facilities, construction developments, and residential properties.