Terry Portelli

Managing Director

Pioneering, trustworthy, and smart with over 30 years of experience. Developers trust Terry to help them create thriving communities and lasting legacies. A leading figure in the Australian property industry,

Terry remains as passionate and driven as the day he started. Terry established Red23 in 2007 after holding senior management positions at Metricon and Oliver Hume. Through tenacity and teamwork, he has realised his vision – a business that achieves financial success for developers while always prioritising the wellbeing and satisfaction of the people involved.


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Bernard Eid