Our Legacy
G Lowe Group of Companies boasts 50 years of excellence in real estate investment, focusing on both residential and commercial properties across Australia.
With a diverse portfolio spanning various states and continents, we stand as a testament to quality and strategic investment in premium markets.
Our Companies
The G Lowe Group of Companies includes various 100% owned and operated entities supporting different aspects of the business
Contract Computer Services
This was the first company of the Group, founded in 1972.
It was one of the first 5 Computer Companies founded in Australia. It specialised in payroll and manufacturing systems for the Electricity Commission of NSW and various manufacturing companies as Roden industries, McNeil Air, British Tyre and Rubber. The company developed software on Honeywell and IBM mainframes
CCS developed retail systems for Flints Shoes, Solomon Carpets linked to NCR cash registers.
Later, Digital Equipment Corporation, Wang and IBM developed the Mini a smaller range of computers than the mainframes. CCS was a value-added reseller of these systems.
As a value-added reseller of IBM system 3, CCS purchased the minicomputers developed software and sold it in a turnkey operation to various customers. The average sale amounted to several million dollars.
CCS developed warranty systems for Bond Motor (Hyundai) and supplied machines to the dealer network.
CCS developed just in lime schedules using a relational database (similar to Oracle) to schedule deliveries of parts for companies such as Matson automotive to supply Mitsubishi Motors. Other companies using this software included Gem Engines. CCS also developed clothing manufacturing systems for CMT (cut make and trim).
As manufacturing declined during the 1980's the director G Lowe contracted to Andersen Consulting (later Accenture) as a consultant.
Geoff completed assignments for Dept of Family and Community Services restructuring services for Juvenile Justice and Developmental Disability Services.
Another major assignment was with Optus. He was instrumental in developing the algorithms for interconnect billing of telecommunication services as both a SME (subject Matter Expert) and later as the project Manager developing the system for tracking interconnect charges for settlement between carriers such as Telstra, and Vodafone using call detail records (CDR),
Later he was appointed programmer manager for Mobile Number Portability.
The accumulated profits and R&D accelerated depreciation incentives of the ?O's and 80's allowed CCS to purchase a newly built Bunnings Store at Lawnton Brisbane in September 2019.
The Bunning like most of the medical leases is a triple net lease where Bunnings pay the land tax,
Statutory fees as council rates and water rates. It is a net lease.
In addition, the depreciation on the first few years amounts to 47%. When combined with the carried for tax credits in CCS we expect almost no tax will be paid on rent of $903,000 from Bunnings for the first few years.
Genamson Holdings
Originally established in July 1991 as real estate agency by Mr Lowe and his then business partner John Richardson who identified opportunities for sales, marketing and consultancy services in the commercial real estate market of Sydney.
The entity is now a sole purpose property investment vehicle owned by Mr Lowe, his wife Mary and their son Jason Lowe.
The subject entity purchased Heritage Plaza in January 2004. Heritage Plaza consists of 3,000 sq. m of retail and office space on Morayfield road Caboolture South. Caboolture has one of the highest growths in population.
G Lowe Properties Corporation
This company was formed in January 1980 and has similar aims to that of the company mentioned above. It is basically another property investment vehicle with interests in Queensland and a commercial terrace in Bondi Junction.
This entity owns six residential units located in Toowong and Taringa. These were purchased in 1980 and 1989, which have seen significant capital growth throughout this period.
It has recently purchased a residential apartment in the Bennelong an apartment block directly in front of the Opera House.
It commercial property includes a 256sq m strata suite including 6 car spaces and storage facilities leased out to Ray White City South and other tenants.
G Lowe & Sze Tu Holdings
This company was founded in February 1978 and has been used as the major vehicle for the Groups property investment activities throughout NSW, Victoria and Queensland.
GLSTH first acquired two blocks of units in Toorak in 1981.To maximise the returns the units were strata titled and have been held as long-term investments and are not subject to capital gains tax.
This entity was also used to purchase commercial premises located at 3 Waverley St, Bondi Junction in June 1994. The property is adjoining Westfield Bondi Junction. The property has been converted to a Medical Centre which houses Sydney X-Ray over 530 square metres at $530K per annum.
In October 2001, GLSTH purchased the Taringa Medical Centre, which consists of a 1,572 m2 building with 58 car spaces on 2,500 m2. Foundation Health Care now known as IPN (Independent Practitioner Network) maintains the head lease over the property, which contains a medical centre, chemist, dentist, pathology, x-ray, physiotherapy and a cosmetic medicine practice. Current rent stands at $684K per annum.
In November 2007, GLSTH purchased a block of 12 units at Harris St, Fairfield NSW. This was an opportunistic purchase during the GFC wihich allowed GLSTH to purchase the block of 12 units for $1.75M ($145K per unit). Current Value $4.55M.
Genamson Holdings Pty Ltd / Lowe & Richardson Real Estate
This company was founded in February 1978 and has been used as the major vehicle for the Groups property investment activities throughout NSW, Victoria and Queensland.
GLSTH first acquired two blocks of units in Toorak in 1981.To maximise the returns the units were strata titled and have been held as long-term investments and are not subject to capital gains tax.
This entity was also used to purchase commercial premises located at 3 Waverley St, Bondi Junction in June 1994. The property is adjoining Westfield Bondi Junction. The property has been converted to a Medical Centre which houses Sydney X-Ray over 530 square metres at $530K per annum.
In October 2001, GLSTH purchased the Taringa Medical Centre, which consists of a 1,572 m2 building with 58 car spaces on 2,500 m2. Foundation Health Care now known as IPN (Independent Practitioner Network) maintains the head lease over the property, which contains a medical centre, chemist, dentist, pathology, x-ray, physiotherapy and a cosmetic medicine practice. Current rent stands at $684K per annum.
In November 2007, GLSTH purchased a block of 12 units at Harris St, Fairfield NSW. This was an opportunistic purchase during the GFC wihich allowed GLSTH to purchase the block of 12 units for $1.75M ($145K per unit). Current Value $4.55M.
Geoff Lowe & Associates
Certified Practicing Accountancy Firm established in 1987 in order to complement the existing consulting operations of Contract Computer Services.
The now 'stand alone' accountancy' firm is currently experiencing significant growth due to its prominent location, exposure to larger businesses. Mr Lowe employs a number of accountants, tax advisers and administration staff as a part of this business.
G Lowe Group of Companies
This company is a new company in the group. Its role is to be the development arm of the G Lowe Group. Its role is to set the strategy for property acquisitions of the group, planning acquisitions and renovations and further development of group assets.
This company will receive fees from all members of the group for services it provides. These services will include real estate services such as property management, and building management.
The Real estate licence currently held by Genamson will be transferred to this company and the real estate services will be broadened to include residential as well as commercial property.
Management Philosophy
The founder and Managing Director of the Group is Geoff Lowe. After completing the preclinical years in Medicine, Mr Lowe commenced studies in Computing Science and was in one of the first Groups to graduate in Computing Science from University of NSW.
In 1978, Geoff completed a Master's degree in Commerce from the University of NSW. Since 1972, Geoff has maintained positions with Sydney Technical College, University of NSW, NSW Institute of Technology and University of Technology, Sydney. He has taught in a variety of courses from senior undergraduates to Masters of Business Administration and also presented numerous conference papers to the Australian Society of CPA.
In 1987, Mr Lowe commenced his Accountancy Practice, which has experienced some significant growth since its inception. Our client has also developed a keen interest in Real Estate transactions and development of under achieving property holdings. Examples of some of Mr Lowe's history in property is detailed below;
-
DA & BA for townhouses at 75 Bellevue Terrace, St Lucia and amalgamation of sites.
-
Purchase of units at 44 Benson St, Toowong (from a Mortgagee) and completion of parUy constructed units.
-
Purchase of two blocks of units at 2 & 4 Warra St, Toorak and completion of strata title conversion.
-
Purchase of a factory at 80 Buckingham St, Surry Hills and conversion to offices.
-
Purchase of 3 Waverley St, Bondi Junction, and conversion to Medical Centre and office
accommodation.
Joint Company Shareholder, is wife Mary Lowe. Mary has a direct involvement in the management of Contract Computer Services and previously maintained an interest in a general wholesale business specialising in the supply of the restaurant trade with meat and imported goods from China and other parts of Asia. Mary has fluency in several Chinese dialects, from her background in running businesses in the Solomon Islands. These language skills are being utilised most effectively in increasing their
Chinese client base for both the real estate and accountancy practice. The groups' major property assets currently include the following;
-
-
Heritage Plaza Morayfield
-
-
650 George St, Sydney Commercial Suites
-
Taringa Medical Centre
-
Bondi Junction Medical I-Med Radiology Pty Ltd formally known as (Sydney X Ray)
-
Bunnings Store in Lawnton
Meet the Team
This is your Team section. Briefly introduce the team then add their bios below. Click here to edit.
Our Team.
This is your Team section. It's a great place to introduce your team and talk about what makes it special, such as your culture and work philosophy. Don't be afraid to illustrate personality and character to help users connect with your team.
Trusted Partners
We are proud to work with esteemed clients, enhancing our reputation through successful partnerships and innovative projects. Our National Listed and Internationally listed Partners include Bunnings Australia, World Gym International, Mixue Group and i-Med (Permira PE)
