Vision"To be Australasia’s largest and most respected provider and manager of affordable, socially responsible and environmentally sustainable housing” HistoryViva Properties was founded in 2001 by Michael Ta and Greg Rips, developing residential property in the outer suburbs of Melbourne. From humble beginnings, our projects have increased in size and presence across Australia.
In recognition of Viva’s proprietary designs and leading product development in affordable housing an offshoot of Housing Tasmania has awarded Viva with 2 tenders to supply affordable housing for its tenants. Total number of dwellings in the tenders is over 360 with end value in the range of $75 to $85 million. FoundersMichael Ta, Co-founder and Director  | | Michael holds a Bachelor of Commerce (Strategic Management & HR), Bachelor of Arts(Psychology), Master of Business Systems(Project Management), Diploma of Financial Services (PS146 Compliant) and is a licensed Real Estate Agent (VIC, NSW, TAS). Because of his unique eclectic knowledge base, Michael was highly sought after to project manage large I.T. implementations for various blue chip organisations including IBM, Telstra, KPMG and BearingPoint. In 2001, he co-founded Viva Properties with Greg Rips, where he utilised his strengths in systems and project management methodologies as a platform to develop a property development company geared to exploit the inherent inadequate servicing of the Affordable Housing niche. For over 7 years, Michael was instrumental in architecting Viva’s innovative project development systems that has enabled the group to profit from market arbitrage opportunities that existed throughout Australia. Under his stewardship, Viva has evolved into a leading housing provider well positioned to absorb an increasing market share of the affordable housing property segment in the future. |
Greg Rips, Co-founder and Director  | | Greg has formal qualifications and training in Building Processes / Technologies, Marketing, Business Development and has over 15 years experience in business management, property development and strategic planning. Greg is an expert in all operational aspects of business management and has developed a core knowledge set that enabled him to transform inefficient businesses into leaner, innovative and optimal operations that are ultimately designed to yield higher than industry average returns for all stakeholders involved. He co-founded Viva Properties with Michael Ta in 2001 and for over 7 years he has been actively involved in development and provision of affordable housing around Australia and New Zealand. Greg was the driving force behind the efficient and low cost housing design models that enabled Viva to grow from a home renovator to now one of Australia’s leading providers of affordable housing. |
StaffingViva's integrated approach is possible because it employs and retains specialists who work throughout the development process. Market StrategyViva entered the affordable housing market because:  | lower prices make homes more accessible to a wider market | | | rental yields are higher and it’s quicker to secure tenants | | | if property prices fall, the impact is less severe than in the luxury home sector | | | investment risk is lowered because basic housing is always in demand |
Viva’s relationships with leading builders of residential and commercial properties enable Viva to deliver projects involving affordable residential properties or both residential and commercial properties.
Viva is committed to “green building” and is socially active in the community. The management and staff of Viva play an active role in community charities and support organisations catering to the socially disadvantaged. Development ExperienceViva has developed over 50 projects in Victoria, Tasmania, Western Australia and the Northern Territory.
Viva has extensive experience in complex property developments and works in all stages of property development from procurement to marketing
Viva's unique project management system and procurement strategies yield significant construction time and cost advantages throughout our projects. Some of the Completed and Current Projects: PROJECT | DESCRIPTION | | Risdon Vale - Tasmania | 75 Residential Townhouses | | Glenorchy - Tasmania | 26 Residential Townhouses | | Frankston South - Victoria | 11 Residential Units | | Carrum Downs - Victoria | 16 Residential Townhouses | | Noble Park North - Victoria | 16 Units Apartment Block | | Brighton - Tasmania | 6 Residential Townhouses | | Austins Ferry - Tasmania | 10 Residential Townhouses |
At present Viva is working on various projects totalling over 800 residential dwellings to be delivered in the next 3 to 4 years.
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