Two family-owned companies involved in the successful sale of the 12 Apostles Hot Springs and Eco-Resort – Pomeroy and Quattro – have joined forces to launch PQD (Pomeroy Quattro Developments). 

The JV will leverage Pomeroy Pacific’s $10 billion track record of delivering premium, market-shaping projects and Quattro Corp’s capital and commercial backing to create a development company with over 80 years of collective industry experience. 

Pomeroy Pacific and Quattro Corp, along with other stakeholders, were involved in the successful sale of the landmark 12 Apostles Hot Springs and Eco-Resort in 2023; the sale underscored a string of highly successful property transactions spearheaded by Pomeroy and Quattro. 

After purchasing the 79-hectare rural site in 2021, the developers secured the necessary approvals to get the project “shovel-ready” before selling it for an undisclosed sum. The approved plans included over 3300sqm of bathing facilities, 150 accommodation pods, a wellness spa and conference facilities — estimated to have an end value of $200M. 

Pomeroy and Quattro were also responsible for the sale of a 96-metre premium office tower development site in South Yarra in 2024, which yielded a 100 per cent return on investment, showcasing how the two companies are transforming urban landholdings into landmark developments. 

The first residential project to be delivered under the PQD banner is Kooyongkoot, an exclusive collection of 18 luxury residences located high on Kooyongkoot Road, one of Hawthorn’s most prestigious streets. Designed by award-winning architects Cera Stribly, Kooyongkoot promises to elevate downsizing living to new heights, with a level of amenity rarely seen in projects of this scale. 

“Kooyongkoot is the result of years of experience, development insight and direct feedback from buyers,” explained Mark Pomeroy, CEO of Pomeroy Pacific. 

“We’ve invested thousands of hours refining this offering to reflect what downsizers in Boroondara – and in the prestigious Scotch Hill precinct – truly want in apartment living.  

“From a private wellness centre with infrared and traditional saunas, cold therapy showers, a dedicated massage room, yoga studio, well-equipped gym, golf simulator and pet grooming and vehicle care facilities, Kooyongkoot integrates leisure, wellness and comfort into daily life. 

“This is not a project that was simply drawn and delivered; it’s the product of dedication, commitment and an unwavering desire to set a new benchmark for resort-style living in the heart of Hawthorn,” he said. 

Backing the Kooyongkoot project is funding partner MaxCap Group, recognised as one of Australia’s leading commercial real estate fund managers. 

“Pomeroy Pacific has built its reputation over decades on performance and trust, while Quattro brings the financial discipline and commercial agility,” said Mark, about the JV. 

“Together, we’re not only combining strengths but building on two family legacies that share a philosophy of proven people, trusted delivery and transformative outcomes,” he said. 

Kooyongkoot is now taking expressions of interest ahead of its public launch. To find out more, please visit https://www.kooyongkoot.com.au/.

To find out more about PQD, please visit https://pqddevelopments.com.au/.