ABOUT US.
K2 Property Development Group is a boutique developer-builder delivering prestigious residential, mixed-use, commercial and retail projects across NSW and the ACT.
The group traces its origins to a family business founded in 1965 by Eric A. Koundouris AM, founder of Supabarn Supermarkets. That heritage underpins deep experience across every stage of property development and construction, from concept and design through to delivery.
Led by Managing Director Michael Koundouris, K2 brings together experienced professionals from across the industry and a catalogue of award-winning projects. As an integrated developer-builder, K2 controls design, cost and construction under a single point of accountability, delivering projects on time, on budget and built to last.
Today K2 is especially active in multi-residential and mixed-use development across Sydney, creating high-density homes and vibrant, connected precincts for growing communities.
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
Testimonials.
“The K2 Property Group have a strong commitment to our Indigenous people, particularly when it comes to education and training”
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”
Rob white,
CEO cerebral palsy alliance
“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.”
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.”
TERRY WEBER,
Partner National Head of Federal Government, PWC
“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.”









