Privately owned.Led acrossthree generations.

The Petrovic family's property development business began in 1987, when Michael's father established Palmpoint Pty Ltd. Michael worked alongside him from the outset, across property acquisition, council development approvals, contract management and building approvals.

Their first multi-residential project was a townhouse development at 93 Holmes Street, Kingsford. It was followed by a steadily growing portfolio of apartment buildings, townhouses and private residences, with much of the early work concentrated in Maroubra and Sydney's south-east.

Michael assumed responsibility for the business as his father grew older. Growth remained measured and conservative: financial security came before scale, borrowing was kept disciplined and every project was carried through to completion.

Today, Advent Property continues that work with Michael and his sons Alexander and Adam. The company name has changed, but the family's direct involvement, long-term outlook and commitment to quality remain.