Securing your financial freedom.
A shared goal.
Al Lewison and Cam McLellan meet while stacking shelves at Safeway. They’re young with a big goal: to create wealth through property. They don’t yet own an investment property – and there’s not much educational info out there – but they commit to learning the process.
Steve Lewison takes his sons, Al and Matt, to meet his bank manager. The brothers have saved $20k and want to buy a small two-bedroom unit in an outer suburb of Melbourne for $120k. This is their first investment property and very first loan – they haven’t even held a credit card.
On the path.
Al buys property two: an old house in Bayswater VIC. Cam buys the house two doors down. It’s Cam’s first property and he’s saved hard for the deposit, selling his car and cashing-in overpaid super. While their friends are out partying, the duo knuckle-down to save their money and plan their next step.
Working well together.
Property investing is still very much a hobby. But Al and Cam love working together, so they start up a business to business Telstra dealership. This grows to be the largest Telstra Business Centre in Australia. Over the next decade, they learn what it takes to create and automate a highly successful medium size business.
A methodology emerges.
Matt moves to Brisbane to deliver large scale property developments for his employer. The trio start investing across two cities. As Brisbane’s growth escalates, a clear method emerges, enabling them to pick the best property every time, regardless of the market cycle.
A business is born.
An opportunity arises to secure 17 empty laneway lots in Brisbane. Matt dedicates himself to sketching housing plans. His hard work pays off. Two weeks later, the trio and 14 of their family and friends have contracts, valuations and rental appraisals for each of these new investment properties. The team has a new purpose: Open Corporation launches.
- 2006 – 2009
The team is onto something. Al and Cam replicate their success by delivering sophisticated property developments in Melbourne. Matt moves up the ranks with his employer as GM of Peet QLD, responsible for over $1b in development. Steve joins the team as a passive investor.
A singular focus.
Friends and family ask for advice. Still dumbfounded by the lack of educational resources and solid processes available in the market, the team share their knowledge. Their method works. It's agreed that the business needs greater focus, so Matt moves back to Melbourne to set the business foundations.
A passion for mentoring.
Confident in the difference that smart investments make to the lives of their families and friends, Al and Cam sell their Telstra business to give Open Corporation 100% of their attention. With the energy that comes from doing what they love, over the next 12 months the team become prolific educators, sharing everything they've learned.
- 2012 - 2015
Innovating property investment.
The company quickly grows. The team commits to working on their operational model and delivering exceptional customer service. This customer-first approach guides a big innovation — Open Corporation is one of the first companies to launch property funds to raise capital for small-to-medium scale property developments.
BRW Fast 100 debut.
Open Corporation debuts at #13 on the BRW Fast 100 List. As the accolades start to roll in, our purpose remains grounded: to empower people through property investment education.
#6 BRW Fast 100.
Rebranded as OpenCorp, we continue to set the pace. 2015 sees us named as Australia’s sixth-fastest growing company.
Constantly looking for ways to improve investor access into the property market, we establish the OpenAccess Fund. Our goal is to give smaller investors entry into development opportunities usually reserved for larger investors.
Property Management launches.
Our experience as landlords provides the catalyst for our Property Management services. Our goal is to equip our customers with a complete end-to-end property investment service.
#29 BRW Fast 100.
As our growth stays strong, we remain committed to providing transparent and expert financial education. This constantly ruffles the feathers of property spruikers, which is all the confirmation we need to know that we’re onto a good thing.
Residential Fund launches.
Still not satisfied that all Australians can access the property market, a new fund is about to be born. Modelled on many aspects of Harry Triguboff, Australia’s wealthiest property investor, this new offering cumulates our extensive experience under a single diversified residential and property development portfolio.
Our excellent reputation means 45% of our business comes from repeats and referrals. This isn’t surprising — our team of more than 80 property professionals are committed to a shared passion of providing brighter futures for our clients.
Whether it’s building a successful property portfolio or investing in one of our development funds, we can help you through every stage of your investment journey. And we look forward to sharing that journey with you.
Opencorp in the press
Our knowledge is constantly called upon by some of the industry’s most thought-provoking publications. We’re honoured to be listed alongside so many of the industry leaders we admire.