Torsion Homes Capability Statement

Capability Statement

Company Details POSTAL ADDRESS PO Box 3690, Loganholme, QLD 4129

PHYSICAL ADDRESS Unit 1, Building 10A, 107 Miles Platting Road, Technology Office Park, Eight Mile Plains, QLD 4113

REGISTRATION DETAILS ABN 87 627 186 850 ACN 627 186 850 QBCC 15105110

CONTACT 07 3287 9151 admin@torsionhomes.au

Brand Purpose

Brand Vision

Brand Values

We believe that investing in housing

We’re committed to building with

We provide opportunities to invest in

and community is fundamental to the

purpose. By contributing to a future

your stability and security, supported

prosperity of humankind.

where secure housing serves as the

by a community that’s working

foundation for wellbeing and wealth

together to shape a better tomorrow.

Housing is one of the most critical factors that affect the way we live. By delivering homes, we provide more than shelter, we create opportunities for stability, growth, and the foundations for a better future.

creation, we aim to enable individuals and communities to flourish.

Guiding Principles WE BUILD COMMUNITY

WE DELIVER RELIABILITY

We focus on building in areas where

WE PROVIDE END TO END SUPPORT

housing is in high demand, ensuring

We’re committed to being a reliable

we do. We are dedicated to

that our projects not only fulfill a need

partner. We provide guidance,

consistently delivering high value,

but also offer the best potential. We

transparency, and support from initial

ensuring that our owners, partners,

believe in creating communities that

enquiry through to post handover.

and communities can depend on us.

provide both immediate value and long-term security.

Reliability is at the core of everything

Company Overview Torsion Homes is a leading wholesale builder that supplies housing solutions to first home buyers and investors.

Torsion Homes was established in 2018 with a clear mission: to provide housing that supports stability, growth, and the foundations for a better future.

With a focus on being in high-demand areas across South East Queensland, where we deliver homes that offer both immediate value and long-term security.

Our approach is purpose-driven, and every project we undertake is designed to enhance the quality of life for residents, while contributing to the broader wellbeing of the communities we serve.

TORSION’S REPUTATION Our reputation is built on a commitment to transparency, clear communication, and getting the job done right.

Whether it’s completing projects in a challenging market or partnering with developers to create new opportunities, Torsion Homes operates with a clear purpose.

Project Experience A PROVEN TRACK RECORD OF SUPPORT AND RELIABILITY While not all under the Torsion brand, the owners and leadership team at Torsion Homes have completed over $1 billion worth of housing and townhouse projects in the past 10 years.

This expertise has consistently delivered high-quality outcomes, even in challenging environments.

Over the years, the team has been instrumental in constructing more than 5,000 homes, providing accommodation and security for over 15,000 individuals.

Defining Moments Over the past three years, the housing industry has faced some of the most difficult challenges in its history. Despite these hurdles, Torsion Homes has emerged as a reliable and trusted leader, with several defining moments that demonstrate its expertise and resilience.

PRIVIUM TAKEOVER, SOUTH EAST QUEENSLAND

KEY ACHIEVEMENTS

PROJECT OVERVIEW

\ Successfully completed 164 homes without adjusting or

In 2021, Torsion Homes took on the largest residential

increasing contract pricing

project takeover in QBCC history when Privium, a major builder, went into administration. Torsion assumed

\ Delivered homes with the original contract terms

responsibility for completing 164 homes, valued at $29.5

honoured

million, which were in various stages of construction. What made this project particularly remarkable was Torsion’s decision to honour all original contract pricing. A move rarely

\ Collaborated seamlessly with QBCC to ensure compliance and uphold quality standards across all builds.

seen in the industry, where builders typically review and

\ Provided consistent and empathetic communication

increase pricing when taking over partially completed builds.

to homeowners, easing uncertainty and building trust

CHALLENGES AND SOLUTIONS The Privium takeover presented three key challenges: pricing, varied locations including regional areas such as Hervey Bay, and the decision to take on all contracts, even those that would result in financial loss. Typically, builders would review contracts, cherry-pick the more profitable jobs, and impose cost variations. However, Torsion took on every contract, regardless of potential losses, to ensure no homeowner was left in with uncertainty. This unwavering commitment to community and fairness underpinned Torsion’s approach throughout the project.

Managing 164 homes at different stages of construction, some nearing completion, others barely started, across multiple locations added a layer of complexity to the project. Torsion worked closely with the administrators, the Queensland Building and Construction Commission (QBCC), and homeowners to keep the project on track. Transparent and empathetic communication played a crucial role in maintaining trust, ensuring that each build progressed smoothly without financial surprises for homeowners.

throughout the process.

DC LIVING, CABOOLTURE PROJECT OVERVIEW Torsion Homes took over 32 builds at Pumicestone Residences Estate after DC Living went into liquidation.

Torsion’s commitment to the community was again evident,

Homeowners had paid deposits to the original builder, and Torsion did not receive those funds upon taking over the projects. Despite this, Torsion chose not to ask for new deposits, and committed to completing the builds at the original contract prices.

as the company chose to honour all original contract terms,

Despite these obstacles, Torsion moved several homes

without requesting additional deposits or adjusting prices.

from slab stage to practical completion within just 16

This decision provided homeowners with stability and

weeks, demonstrating the company’s ability to deliver under

assurance during a period of uncertainty, allowing them to

pressure while maintaining quality.

move forward with their builds confidently.

KEY ACHIEVEMENTS CHALLENGES AND SOLUTIONS Torsion stepped in, many homeowners had already paid

\ Successfully communicated with homeowners to reset

deposits and had expected their builds to be well underway.

expectations after initial delays during the administration

The delays caused by the liquidation required Torsion to step

period.

in and communicate clearly with homeowners, resetting expectations and establishing new timelines for each project.

\ Honoured all original contract terms and did not request additional deposits. \ Progressed multiple builds from slab stage to practical completion in 16 weeks.

AVALINE ESTATE, BURPENGARY EAST PROJECT OVERVIEW Torsion Homes is currently building 20 homes at Avaline Estate, Caboolture, working alongside land developer KDL to meet the region’s high demand for housing. This project is

To the untrained eye, it’s hard to tell that a single builder is responsible for constructing so many homes. This flexibility in design ensures that the estate maintains its premium look while delivering housing stock efficiently.

KEY ACHIEVEMENTS

focused on delivering much-needed residential stock to the market, with Torsion making rapid progress since starting

\ Progressed multiple builds from slab to practical

on-site in June 2023. The builds are at varying stages

completion within 16 weeks.

of completion, from slab pours to framing and practical completion on several homes.

CHALLENGES AND SOLUTIONS One of the challenges faced in large-scale developments like Avaline Estate is ensuring enough variety in house designs

\ Delivered a variety of house and façade designs, ensuring aesthetic diversity across the estate. \ Strong collaboration with developers, subcontractors, and stakeholders to keep the project on schedule.

and façades to maintain the estate’s aesthetic integrity.

\ Provided consistent and empathetic communication

Developers are often concerned that a builder constructing

to homeowners, easing uncertainty and building trust

so many homes could compromise the visual appeal of the

throughout the process.

estate. Torsion Homes overcame this by offering a wide range of house designs, façade options, and colour schemes, creating a visually diverse environment.

COMMITMENT TO SOCIAL HOUSING PROJECT OVERVIEW Since its inception Torsion Homes has been deeply committed to building homes that align with its core

Designing homes that meet Liveable Housing Australia standards means incorporating accessibility features. These projects must be completed within strict timelines, with minimal room for delay.

purpose of fostering community and supporting those

Despite these challenges, Torsion has successfully navigated

in need. This commitment has been reflected through

these constraints through detailed project planning and

a long-standing involvement with social housing and

close collaboration with all stakeholders. By sticking to these

NDIS-compliant housing. Currently, Torsion currently has

strict criteria and working diligently to stay on schedule,

eight social housing projects in the system, totalling over

Torsion has been able to consistently deliver high-quality,

200 units, designed to provide accessible and affordable

accessible housing.

accommodation for individuals in need.

KEY ACHIEVEMENTS The housing developments are built to comply with the strict guidelines of Liveable Housing Australia, ensuring

\ Delivered hundreds homes with enhanced accessibility,

that they meet the necessary criteria to offer safe and

reducing the need for future relocations.

suitable accommodations for all residents. These projects ensure accessible, safe, and affordable housing for elderly individuals, those with disabilities, and families requiring specialised living spaces.

CHALLENGES AND SOLUTIONS Torsion’s work in social housing comes with unique challenges that require detailed planning and coordination.

Working closely with government bodies and community housing organisations means adhering to strict regulations while incorporating design alterations to meet the specific needs of tenants.

\ Supported communities by improving social and economic participation through quality housing. \ Collaborated with government and community housing organisations to ensure timely, compliant delivery.

BAILY’S LANE, PARK RIDGE PROJECT OVERVIEW Bailey’s Lane, Park Ridge, is a terrace home project consisting of seven two-storey terrace homes. Torsion Homes took over the project in August 2022, after the original developer went into administration. The project was approximately 30% complete when Torsion purchased it. Leveraging Torsion’s streamlined processes and iHub software, the project was

By implementing Torsion’s efficient project management systems and iHub software, the team ensured the project stayed on track, overcoming potential delays and maintaining transparency with stakeholders. Torsion’s ability to quickly adapt and bring the project to completion demonstrates the company’s capacity to deliver high-quality outcomes in challenging circumstances.

KEY ACHIEVEMENTS

completed on schedule in June 2023, despite the challenges of taking over a half-built development in a difficult

\ Successfully completed 7 two-storey terrace homes on

construction climate.

schedule, despite taking over a half-built project.

CHALLENGES AND SOLUTIONS

\ Purchased and managed the project from 30% completion

The key challenge at Bailey’s Lane was taking over a project

to final delivery within 10 months.

that was already partially built. With 30% of the work completed by the previous builder, Torsion had to ensure

\ Sold all dwellings upon project completion in June 2023.

that the existing work met its quality standards while

\ Leveraged iHub software for streamlined project

managing the financial and operational complexities of

management, ensuring effective communication and on-

taking over a mid-construction project.

time delivery. \ Provided consistent and empathetic communication to homeowners, easing uncertainty and building trust throughout the process.

Core Capabilities With years of experience in the industry, Torsion Homes has successfully completed multiple townhouse projects, terrace homes projects, and hundreds of house builds. Our capabilities are underpinned by our team of highly skilled and experienced professionals, who are committed to delivering exceptional results for our owners.

Our team is a tightknit network all of whom work together seamlessly to ensure the sucess of each project \

Supervisors

\

Quality Assurance Officers

\

Building Designers; and

\

Skilled tradespeople

iHUB At Torsion Homes, iHub serves as our proprietary software system, streamlining processes and ensuring efficiency across all stakeholders. iHub connects owners, referrers, suppliers, and our internal team, allowing real-time updates and seamless project management, ensuring agility at every stage.

Homeowners can access key project information anytime, with real-time updates, documents, house plans, and progress photos, ensuring transparency and peace of mind. Referrers and suppliers benefit from dedicated portals that efficiently manage builds, orders, and scheduling, keeping everything aligned and on track. iHub is more than just a project management tool—it’s the driving force behind Torsion’s ability to adapt quickly and maintain flexibility, no matter the size or complexity of the project.

LICENCE

RELATIONSHIPS

At Torsion Homes, we hold a current Category 5 QBCC

We take pride in our ability to work closely with our owners

licence, which enables us to undertake projects of varying

to understand their unique requirements and deliver tailored

size and complexity. In addition, we are a proud member

solutions that meet their needs. We are committed to

of the Housing Industry Australia, which underscores our

building long-lasting relationships with our partners, and our

commitment to excellence in the industry.

track record of success is a testament to the quality of our work.

TEAM Our team of 35 dedicated in-house professionals is equipped

EXPERIENCE

to manage every aspect of the building process, from initial

Overall, Torsion Homes has the capabilities, experience, and

design to final handover.

expertise to successfully deliver a wide range of building

We have the resources, expertise and bespoke technology to ensure that each project is completed to the highest standards, on time, and within budget.

projects, including house & land packages and small to medium townhouse projects. Our commitment to quality, safety, and community is unrivalled in our space.

Build Locations Torsion Homes is among the best new home builders in South East Queensland, consistently working towards make housing opportunities more available.

Senior Management Torsion Homes stands as a testament to the expertise and industry acumen held by its Directors and management team, whose achievements have shaped the landscape of the property sector. It’s this collective experience that truly defines Torsion’s legacy.

SCOTT ARTHUR - EXECUTIVE DIRECTOR Scott has served as the Executive Director of AFG Corp

In 2020, AFG Corp Housing & Community became a shareholder in Torsion Homes, a smaller construction business.

Australia, the Arthur Family Office, since 1996. Under Scott’s

In 2020, AFG Corp Housing & Community became a

strategic leadership, AFG Corp Housing & Community was

shareholder in Torsion Homes, where Scott has been

established, entering the housing construction sector in 2006.

implementing a clear strategic path. Under his guidance,

By 2010 AFG Corp Housing & Community was a major shareholder of what became one of Queensland’s largest residential building businesses. Scott was a director of the construction business and was instrumental in growing the company from building 100 homes per year to over 1,000 homes annually across Queensland, New South Wales, and

Torsion has successfully navigated industry challenges, including the complex construction environment during the COVID period. Scott continues to focus on growing the business while reinforcing Torsion’s reputation as a leader committed to giving back to the industry and community.

KEY EXPERIENCE

Victoria. At its peak, the company achieved a $350 million turnover and employed over 350 staff, highlighting Scott’s

\ Proven leadership in strategy, process, and systems within

expertise in growing large-scale operations. In 2016, a

large-scale residential construction.

deliberate decision was made to sell AFG Corp’s shares in the construction business.

\ Directed the growth of a major residential builder, achieving over 1,000 homes annually and a $350 million turnover. \ Successfully navigated Torsion Homes through the construction industry’s challenges during the COVID-19 period \ Direct involvement in the construction of over 5,000 homes.

DARRYL HOPKINS - GENERAL/CONSTRUCTION MANAGER

JO DAVIES - FINANCE MANAGER

As a founding member and shareholder of Torsion Homes,

finances for Australia’s 8th largest residential low rise

Darryl brings nearly 30 years of construction industry

residential builders, overseeing more than 40 entities and

experience. He is a licensed builder and the company licensee

more than $1 billion in contracts.

for Torsion Homes, having built his career from apprentice to senior leadership roles. Darryl’s deep technical expertise and hands-on approach enable him to manage complex developments, including large-scale townhouse projects.

Darryl is known for his solution-oriented mindset, ensuring that projects are delivered efficiently while meeting stringent compliance and construction standards. He is deeply

Jo Davies brings over seven years of experience in managing

Her expertise in financial planning, project accounting, and regulatory compliance is crucial to Torsion Homes’ success.

Jo ensures seamless financial operations, from budget implementation to managing loan covenants and project funding.

KEY EXPERIENCE

committed to Torsion’s mission of providing opportunities for

\ Managed cash flow and budgets for over $1 billion in

people to have a place to call home and be part of a thriving

contracts, from single residential homes to large townhouse

community. Darryl embodies Torsion’s core values of honesty,

developments

reliability, and transparency in every aspect of his leadership.

\ Expertise in project accounting, financial reporting, and

KEY EXPERIENCE

statutory compliance

\ QBCC licensed builder and company licensee

\ Coordinated development funding and ensured financial

\ Completed over 1,000 new home builds across Southeast Queensland \ Successfully managed large scale townhouse projects, overseeing the construction of 150+ units

efficiency across multiple projects.

TROY BROOKS - QUEENSLAND CONSTRUCTION MANAGER With five years of experience managing Queensland’s largest

\ Leads Torsion’s construction operations, managing

residential construction projects, Troy Brooks plays a vital role

compliance, quality assurance, and project delivery

at Torsion Homes. His leadership has been instrumental in

\ Active in social housing projects, collaborating with government and community housing organisations.

overseeing approximately 3,500 residential projects valued at $884 million, ensuring the highest levels of quality, cost control, and team performance.

KEY EXPERIENCE \ Managed over 3,500 residential projects across Queensland, with a total value of $884 million \ Expertise in quality assurance, subcontractor management, and construction performance \ Ensured progress reports and forecasts align with build timeframes and company expectations

Resources MAINTENANCE & WARRANTIES

QUALITY ASSURANCE

Maintenance and warranties are an area where home owners

Although Torsion Homes has their own Quality Management

of many large builders are often let down. At Torsion, we offer

Plan, we welcome any independent inspections by third

the industry-standard 12-month maintenance warranty and

parties. In fact, the majority of current inspections are carried

six-year structural warranty.

out by third parties and Torsion Homes continue to receive

Our proven construction methods, inclusions, specifications, and designs have been strategically compiled and along with

positive feedback on overall build quality and new home delivery.

our continuous improvement approach to Quality Assurance

Our in-house in-depth Quality management plan has

have minimised ongoing maintenance challenges.

been created after years of experience working alongside

In addition, we take our aftersales service seriously and have staff dedicated to all maintenance enquiries and issues. This

independent inspectors. We’re confident that our inspections would be industry leading in their detail.

allows us to provide a prompt and punctual fix.

HEALTH & SAFETY

PROPRIETARY CONSTRUCTION MANAGEMENT SOFTWARE

At Torsion Homes, we prioritise the health and safety of our

Alongside our team of highly skilled staff, Torsion Homes also has access to a range of resources that enable us to deliver exceptional building projects.

employees, subcontractors, clients, and the wider community.

We have partnered with external Health and Safety company “All Industry Safety” to manage all aspects of Workplace Health & Safety within the company on site. This ensures that we stay up to date with all relevant code regulations and

Our proprietary Construction management Software “iHub”

industry standards, and that our team members are provided

and integrated CRM is our secret weapon, providing end-to-

with a safe and secure working environment.

end construction management capabilities that give our staff, suppliers, and home buyers the ability to track and monitor all aspects of every construction project. This software has been a critical factor in the success of our projects, enabling us to stay on track and deliver exceptional results for our clients.

Our commitment to safety is reflected in our proactive approach to identifying and mitigating potential risks, as well as our regular review and assessment of our safety policies and procedures. We believe that a safe workplace is not only a legal and ethical obligation, but also a crucial component in delivering high-quality projects that meet our clients’ expectations.

References Torsion Homes is proud to have a track record of delivering

We are pleased to offer a selection of references from our

exceptional support to home buyers and our greater

past projects, including multiple 5-star reviews on Google

construction community across the region.

and Facebook. These testimonials showcase the level of

We believe in the importance of transparency and accountability. One of the ways we demonstrate this is by sharing feedback from our satisfied owners.

commitment we have to delivering accessible housing for everybody, allowing people to plan for a better tomorrow.

07 3287 9151 admin@torsionhomes.au PO Box 3690, Loganholme Q4129 torsionhomes.au Torsion Pty Ltd / v 87 627 186 850 / QBCC 15105110