Buy to the Sound of Cannons: Molti’s Counter-Cyclical Move to Melbourne

Where some see only rain clouds, Molti sees the potential rainbows—and the pots of gold at the end of them.

While much of Victoria’s development sector has adopted a wait-and-see approach amid challenging market conditions, the boutique developer is moving decisively.

The company’s recently filed plans for six luxury townhouses at Armadale in Melbourne’s south-east, another contrarian bet on the city’s premium residential market—one that Molti managing director Ben Teague believes will pay dividends as market conditions improve.