What Does Steller Pty Ltd Do?

Total employees150
HeadquartersToorak
Founded2012

Steller Pty Ltd was a prominent Melbourne-based property development company co-founded by Nicholas Smedley and Simon Smedley. Registered in 2012, it specialized in luxury and medium-density residential and commercial projects, experiencing rapid growth and amassing a significant project pipeline, reportedly worth over $4 billion at its peak. However, in mid-2019, Steller Group faced severe financial difficulties, leading to the appointment of receivers and managers (such as McGrathNicol and KordaMentha) to numerous entities within the group and its major development sites. The company was known for its ambitious projects primarily across Melbourne's inner and south-eastern suburbs. Its collapse significantly impacted the Melbourne property market, various financiers, and homebuyers. At its peak, Steller Pty Ltd employed approximately 150 people; following receivership, its original operational capacity ceased.

Where Is Steller Pty Ltd's Headquarters?

Steller Pty Ltd officeSteller Pty Ltd officeSteller Pty Ltd officeSteller Pty Ltd office
*Images sourced via web search. Rights belong to original owners

HQ Function

Served as the central hub for the company's property development operations, including project management, acquisitions, finance, sales, marketing, and corporate administration before its financial collapse in 2019.

Notable Features:

The headquarters were located in a modern commercial building in a prestigious Melbourne suburb, reflecting the company's focus on the high-end property market. Specific internal architectural details are not widely publicized.

Work Culture:

Prior to its collapse, Steller Pty Ltd was characterized by a fast-paced, ambitious, and growth-oriented work culture, inherent in rapidly scaling development firms. This environment would have faced extreme stress and uncertainty leading up to and during the receivership process.

HQ Significance:

The Toorak headquarters underscored Steller's positioning in the premium Melbourne property market and served as the command center for its extensive development pipeline before its financial distress. Its location was strategic for client relations and brand image.

Values Reflected in HQ: The choice of a prestigious Toorak address aimed to reflect ambition, a focus on the high-end market, and project an image of success, which starkly contrasted with its eventual financial outcome.

Location:

Steller Pty Ltd's operations were primarily focused on the Melbourne metropolitan area in Victoria, Australia. The company did not have a significant international operational presence or overseas offices.

Street Address:

Level 1, 461-463 Toorak Road

City:

Toorak

State/Province:

VIC

Country:

Australia

Where Else Does Steller Pty Ltd Operate Around the World?

Various project sites, Melbourne, VIC, Australia

Address: Specific to individual development project sites (temporary)

To facilitate direct oversight and management of construction activities for Steller's diverse development portfolio across Melbourne.

Buying Intent Signals for Steller Pty Ltd

Highperformr Signals uncover buying intent and give you clear insights to target the right accounts at the right time — helping your sales, marketing, and GTM teams close more deals, faster.

Notable news
Hiring actively
Corporate Finance
Corporate Finance
Corporate Finance
Corporate Finance
Corporate Finance
*Example signal, not calculated in real time

Who's Leading Steller Pty Ltd? Meet the Executive Team

As of April 2025, Steller Pty Ltd' leadership includes:

Nicholas Smedley - Co-Founder / Managing Director (former)
Simon Smedley - Co-Founder / Managing Director (former)

Who's Investing in Steller Pty Ltd?

Steller Pty Ltd has been backed by several prominent investors over the years, including:

OCP Asia (debt finance)
Atlas Advisors (debt finance)
Various other non-bank lenders and private financiers

What Leadership Changes Has Steller Pty Ltd Seen Recently?

Hire0
Exits0

No new executive hires or exits for the original Steller Pty Ltd entity have been publicly reported in the last 12 months. The company's primary operations and its original executive team's involvement ceased around mid-2019 due to receivership and subsequent liquidation processes for various parts of the group.

What Technology (Tech Stack) Is Used bySteller Pty Ltd?

Discover the tools Steller Pty Ltd uses. Highperformr reveals the technologies powering your target accounts — helping your sales, marketing, and GTM teams prioritize smarter and close faster.

Steller Pty Ltd Email Formats and Examples

During its operational period, Steller Pty Ltd likely utilized common corporate email formats based on its domain steller.com.au. As the company is in receivership and the original domain is no longer actively used by the entity for communications, these formats are historical references.

[first_initial][last]@steller.com.au (e.g., jsmith@steller.com.au) or [first].[last]@steller.com.au (e.g., john.smith@steller.com.au)

Format

nsmedley@steller.com.au (example of a historical format; domain inactive for original company use)

Example

0 (domain inactive for original company use, or emails are not monitored)%

Success rate

What's the Latest News About Steller Pty Ltd?

Australian Financial ReviewJuly 16, 2019

Steller Pty Ltd News: Receivers move on Smedleys' Steller Group

McGrathNicol was appointed as receivers and managers to key entities within Nicholas and Simon Smedley’s Steller Group, a Melbourne-based development firm. This impacted numerous development projects, with the group having a pipeline once valued at over $4 billion....more

The AgeJuly 17, 2019

Steller Pty Ltd News: Steller's Sorrento hotel project latest casualty in property slump

The Continental Hotel redevelopment in Sorrento, a flagship project for Steller Group, was placed into the hands of receivers KordaMentha, further highlighting the widespread financial distress faced by the developer....more

The Urban DeveloperFebruary 27, 2020

Steller Pty Ltd News: Aztaz Pays $30m for Steller’s South Yarra Site

A prime development site in South Yarra, formerly part of the Steller Group's portfolio, was sold for $30 million by receivers KordaMentha. This transaction was part of the ongoing asset realization process following Steller's collapse....more

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