Building Value
Through Character,
Vision and Opportunity
Reculver Property Group is a family office focused on acquiring, repositioning and developing distinctive real estate assets.
We specialise in identifying underutilised properties with strong fundamentals particularly character and heritage buildings, office assets with repositioning potential, and boutique residential opportunities.
Through disciplined acquisition, thoughtful design and hands on asset management, we unlock value while preserving the integrity and character of the buildings we work with.
Our approach is long-term, patient and highly selective. We pursue opportunities where creative thinking and active management can transform overlooked properties into high-performing assets.
What We Do
Property Acquisition
We acquire properties where strong fundamentals meet unrealised potential. Our focus includes office buildings, heritage assets, and sites suitable for repositioning, subdivision or boutique development.
Value Creation
Through refurbishment, adaptive reuse and active management, we reposition properties to enhance their appeal, functionality and long-term value.
Boutique Developments
Reculver develops carefully considered residential and mixed-use projects that prioritise design quality, scale and integration with their surrounding neighbourhoods.
Strata and Sell-Down Opportunities
Where appropriate, we identify assets that can be stratified and sold down, unlocking value through thoughtful planning and market-aligned product creation
Our Philosphy
We believe the best opportunities often lie in properties that others overlook.
By combining strategic acquisition, design-led thinking and active asset management, we transform underperforming properties into high-quality assets that stand the test of time.
As a family office, we invest with a long-term mindset and a commitment to responsible stewardship of the buildings and communities we work within.
Our Story
Reculver Property Group traces its origins to the partnership of David Allan (Builder) and Tom Saunders (Property Valuer), who established the foundations of the business through high-quality construction and property development.
In the early 1990s, David Allan acquired Tom’s share of the business and continued to grow the company with a strong focus on craftsmanship, reputation and long-term property ownership.
Dave and Callie Allan built a respected reputation delivering prestige homes throughout Brisbane’s most sought-after suburbs, including Hamilton, Paddington and New Farm. Their work was defined by attention to detail, architectural sensitivity and a commitment to building projects that would stand the test of time.
Over time, the family expanded their focus beyond residential construction, applying the same principles to commercial office spaces and a range of value-add property opportunities.
Today, the next generation leads the group.
Duncan Allan now runs Reculver Property Group, building on the family’s legacy while evolving the business into a modern property investment and development platform.
With experience across prestige homes, townhouse developments and complex property projects, Duncan brings both practical construction expertise and strategic investment insight to the business. As both a licensed builder and licensed real estate agent, he brings a rare dual perspective to identifying opportunities, managing projects and delivering successful outcomes.
Under his leadership, Reculver continues to grow its portfolio of character office buildings, heritage properties and boutique developments while maintaining the family’s long-standing commitment to quality, integrity and long-term value creation
