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Council to Offload Prominent Greensborough Block With Permits

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Friday, 09 August 2013 07:26

THE Banyule City Council is selling a prominent “gateway” site in Greensborough – about 17 kilometres north-east of Melbourne.

The block is for sale with a permit to develop two triple storey buildings which will include a total of 943 square metres of retail at ground level, and 1696 square metres of office space above.

At the corner of Main Street and Greensborough Walk – a busy thoroughfare connecting pedestrians to the suburb’s Watermarc Leisure and Aquatic Centre – the sale is expected to boost council’s coffers by about $1.65 million.


Mammoth Lodges Plans to Build 55-Level Tower Opposite MY80 Building, Elizabeth Street

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Thursday, 08 August 2013 07:23

IT PROVED profitable the first time, so Malaysian developer Mammoth is doing it again at the corner of Elizabeth and A’Beckett streets in the CBD.

Mammoth this week lodged plans to replace a 1028 square metre site at the block’s south-east corner, with a 55-level apartment building with 465 units and 96 car parks.


Simonds Homes Signs Biggest St Kilda Road Lease Deal This Year

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Wednesday, 07 August 2013 07:20

SIMONDS Homes has leased a 2800 square metres headquarters at 570 St Kilda Road – the biggest office lease deal for that city-fringe market so far this year.

Simonds will consolidate from two offices in nearby Albert Road, South Melbourne, to occupy almost three levels of the new building, near the intersection of Moubray Street, an extension of trendy Greville Street.


Grocon Lodges Plans For New Tower on CUB Site, 218 Flats, Seven Car Parks

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Wednesday, 07 August 2013 07:18


GROCON has lodged plans to develop another dense residential building on a slice of the former Carlton & United Brewery site, abutting the city’s northern tip.

The Melbourne developer is seeking to build a 20-level building on a subdivided portion of the brewery with a 60 metre frontage to Bouverie Street.

The proposed building, with 218 flats, will include just seven car parks.



After 16 Years, Reading Group Sells Dilapidated Moonee Ponds Market Site

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Tuesday, 06 August 2013 09:50

AFTER 16 years, a new owner of the Moonee Ponds Market is expected to be announced this week.

A developer is understood to be in advanced negotiations to buy the 1.34 hectare site, opposite the Moonee Ponds train station – for a speculatd $25 million.

US-based Reading bought the block with the intention of replacing it with a major entertainment complex.


Singaporean Developer Pays MAB $25 Million For Docklands Site With 2 x Permits

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Thursday, 01 August 2013 09:08

MAB Corporation has sold a major 3795 square metre Docklands site - a portion of a larger piece it bought from ING five years ago.

The block on Pearl River Road sold for a reported $25 million. MAB paid ING $23 million for the larger piece.

MAB listed the block for sale in May, shortly after lodging plans for two apartment towers of 43 levels (with 244 flats) and 16-levels (with 181 units). It sold the sites with a permit.


Lend Lease Secures 2.5 Hectares of Prime Docklands Land, Melbourne

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Wednesday, 31 July 2013 18:39

MORE than two years after the site was first tendered, state government planning agency Places Victoria (then known as VicUrban, one of various recent name changes) has found a buyer for one of Dockland’s last undeveloped site.

The 2.5 hectare land parcels known as Parcels 5B, 6 and 6A are expected to make way for multiple towers, totalling about $1.5 billion.

The land abut the rear of The Age building, with frontage to Collins Street. It spreads on both sides of Wurundjeri Way and public art project Bunjl, which may be relocated.


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