Our Story




To truly understand and appreciate where you are going, you must reflect from where you have come.



OUR BEGINNINGS

Versatile traces its heritage back almost half a century to 1974, when 21-year-old Alex Fahd opened a small retail tile showroom in Bathurst, New South Wales. 15 years later Versatile opened the largest exclusive retail store in the southern hemisphere, thanks to his hard work and dedication.

Fast forward to today and the Versatile Group is one of Australia’s leading diversified property development and construction company. We continue to be inspired by the same ethos and values that Alex explained in this article in The Australian newspaper in 1989 – master the product, treat people with importance, deliver what you promise on time, and give the business everything you’ve got.

1974
INCEPTION OF VERSATILE
INCEPTION OF VERSATILE

Alex Fahd founded Versatile in 1974 as a stone and tiling business that has now become the largest quality tile and stone retailer in the Southern Hemisphere.

1987
IMPORTING & DIRECT SOURCING
IMPORTING & DIRECT SOURCING

Direct sourcing of tiling and stone commenced, setting the foundations for our now market-leading procurement & logistics capability, ProcureBuild.

2008
ABSOLUTE TILING & STONE BORN
ABSOLUTE TILING & STONE BORN

Today Absolute is the largest, privately owned tiling and stone contractor in Australia.

2014
VERSATILE CONSTRUCTION & FITOUT
VERSATILE CONSTRUCTION & FITOUT

Evolution of the business to offer head contracting services to top tier clients

2019
DIRECT LABOUR
DIRECT LABOUR

Gavelco, our trades for hire business is established to bring the benefits of a directly sourced, skilled workforce to our projects.

2020
INTERNATIONAL OPERATIONS
Diriyah Gate, UAE

Versatile International takes our stone consulting capability to the UAE.

2023
BECOMES FULL SERVICE GROUP
BECOMES FULL SERVICE GROUP

1. Development capability established with PERIFA, co-founded by Fabrizio Perilli & Marco Fahd 2. Roel Capital is established 3. Acquisition of Zone enabling Public sector construction capability within Versatile Construction

2024
50 YEARS OF SUCCESS

In 2024, Versatile Group celebrates its 50th year of operation and dedication to building and enhancing property projects.

Community Benefits: long-term view, sustainable futures.

Project & Equity Partnerships for sustainable success.

Development
Construction & Fitout
Stone & Tiling
Procurement & Consulting in UAE
Finance & Mortgage Brokering

Our Model is of the Time

Versatile Group’s eight vertically integrated businesses provide a unique strength and distinct advantage to our projects and partners. Having the right, trusted delivery partner with expertise across the project lifecycle is more important now than ever.

With rising costs of construction, rising costs of labour, local planning complexities, and the housing affordability crisis across NSW and Australia, project success is determined by having unwavering focus and control over the decision- making, materials, methodologies, and team. This essential project visibility and control is Versatile Group’s promise.

Smarter Decisions

With visibility and an experienced knowledge base across all aspects of property development, we ensure the original project designs and community outcomes are delivered, and not diluted.

Versatile Experience Advantage

With our customer outcome obsession, along with our adaptable and agile business operations, we offer a unique and fulfilling project delivery experience. Versatile ensures satisfaction at every stage of the journey, as we deeply understand that project outcomes are a testament to the passion, dedication and experience throughout.