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Ikon Apartments

Financial Strength

 

Honeycombes Property Group is a respected development company, maintaining strong working relationships with all industry stakeholders across the public, private and government sectors. Having operated for more than 30 years and completing more than $2 billion in developments across Queensland, Honeycombes has a proven ability to deal with turbulent economic conditions and maintain profitability at all stages of the property cycle. This experience, and our reputation for delivery, means that we have the confidence of customers, creditors, investors and financiers.

 

The confidence and vision for our projects is secured by our solid cash reserves and consistent cash flow and profitability. Honeycombes has a proven track record with all major Australian banks with references to be made available as required.

 

Honeycombes' Financial Statements have been independently audited annually since 2004, reflecting our commitment to maintaining the integrity of our financial reporting and corporate governance framework.

Company Overview

 

For over 30 years, Honeycombes Property Group has built a strong reputation through enduring partnerships with stakeholders across the public, private, and government sectors. With more than $2 billion in completed developments across Queensland, we have consistently demonstrated an ability to successfully navigate economic cycles and maintain profitability across all stages of the property market.

Our reputation for dependable delivery instils confidence among customers, creditors, investors, and financiers. This is underpinned by our prudent financial management—anchored by healthy reserves, steady cash flow, and strong relationships with Australia’s major banks. References are available upon request.

Financial Integrity & Governance

Since 2004, our financial statements have been independently audited, reinforcing our commitment to transparency and robust corporate governance. Independent audits support accountability and provide stakeholders with confidence in the accuracy of our financial reporting—an essential feature of modern corporate governance frameworks.

Auditing ensures our controls are strong and operations are compliant, promoting stakeholder trust and enabling strategic decision-making.

Why our approach matters

  • Stakeholder Confidence: Ongoing audits and transparent reporting attract long-term partners

  • Risk Management: Tangible financial controls and liquidity preparedness help us weather economic fluctuations

  • Strategic Agility: Stability allows us to respond swiftly to market shifts, ensuring optimal project outcomes

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