Third generation Facey reflects on 100 years in property

Learn more about the history of Kaduna Park’s developer, Parklea Developments

Since 1917, the Facey family has had a profound impact on real estate, business and property development in Melbourne’s South East.

100 years on, Andrew Facey, founder of prominent development company Parklea is the third generation shareholder of the Facey real estate empire that commenced with his grandfather Frank when he started Frank Facey Real Estate in 1917 in Dandenong, passing the business down to his son Angus in the 30s before Andrew took the reigns in 1974.

The business began in residential real estate before branching into commercial and residential agencies in the 1980s. The commercial arm is known today as Facey Industrial Commercial, which is still based in Dandenong and the residential business, First National Real Estate Neilson Partners, now based in Narre Warren.

As Facey turns 100, former employees are reflecting on the legacy of the family on the area. Brendan Rice, Director and Partner of Frank Facey Real Estate from 1972 to 1983 and close friend of Andrew said the Facey’s have always been respected in the community.

“When Angus [Facey] said something you always knew to stop and listen,” he said.

“He was very well respected throughout the community as a person of great integrity. Facey was known as a company you could trust.”

“When he started to let Andrew and I run the business we weren’t very old; in 1975 I was 30 and Andrew was younger than I. Angus would pull us up every now and then and keep us in line.”

“Andrew was a gun salesman. Dandenong was starting to boom and there were lots of subdivisions, so Andrew became the go-to man.”

After many years selling property and directing Frank Facey Real Estate, Andrew’s interest turned to property development and in 1974, Parklea was born. Parklea is now the biggest broadacre land owner in the Cardinia Shire and has residential and commercial developments from Gippsland to the Great Ocean Road.

Recent local developments include Timbertop Estate, Officer, Arena Shopping Centre, Officer and Heritage Springs, Pakenham. The developer is continuing to change the face of the Cardinia Shire with future developments planned including Kaduna Park, the first residential estate in Officer South, set to launch in the coming months.

Accountant for Parklea and Facey since 1986, Frank Barrett, describes working for Andrew as “dynamic”.

“He does not let an opportunity go by – he cannot sit still, metaphorically,” he said.

“Parklea has enough parcels of land to develop for 20+ years yet I could confidently predict that we will be making an arrangement to buy something else within a year or so.”

“When Andrew calls or starts a conversation with ‘I tell you Frankie boy’ he has some good news, you know he has done a deal or is working on one.”

While 100 years in real estate is certainly worth celebration, Andrew Facey is looking to the future.

“My family has seen a lot of changes over the past century,” said Facey.

“The population in Melbourne’s South East is booming with thousands of families making their home here. I’m proud to be a part of building new communities during this exciting period of growth.”

Find out more about Parklea’s latest developments at parklea.com

 

 

News & Events

Third generation Facey reflects on 100 years in property

Learn more about the history of Kaduna Park's developer, Parklea Developments

Since 1917, the Facey family has had a profound impact on real estate, business and property development in Melbourne's South East. 100 years on, Andrew Facey, founder of prominent development company Parklea is the third generation

Third generation Facey reflects on 100 years in property

Learn more about the history of Kaduna Park’s developer, Parklea Developments

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Third generation Facey reflects on 100 years in property

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