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Portsea Golf Club Resort a Step Closer After Club Sells Enough Sites to Fund Redevelopment

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Thursday, 12 August 2010 00:56

Portsea Golf ClubPLANS for a new $12 million clubhouse and hotel resort at the prestigious Portsea Golf Club have teed off, officially, after the Club successfully sold enough of its land to fund the new development.

Four of the five double blocks put to the market in February have now sold, with another two blocks now released for sale.

The Club is expected to bunker another $4 million from the remaining three blocks.

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Former Government Pound Hits Market as Development Site

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Saturday, 14 August 2010 00:48

A MAJOR development site offloaded by the State Government six years ago for $2.8 million, has hit the market again, and is expected to sell for almost twice that amount.

The former Box Hill dog pound at the south-east corner of Canterbury Road and Hay Street is being offloaded by retirement village operators, who have decided against building a major 76-unit aged care facility on the site.

The block will be sold with two permits – allowing for an aged care redevelopment, or a more medium density traditional residential development with ground floor shops.

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Alannah Hill Stitches $1.68 Million From St Kilda Apartment Sale

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Saturday, 14 August 2010 00:38

FASHIONISTA Alannah Hill has stitched up $1.68 million from the sale of a three-level St Kilda apartment she bought in 2004 as an impulse buy.

The apartment is built into the walls of an 1888 mansion in trendy Fitzroy Street – a property previously a home to squatters, a brothel, and later a French Consulate.

With a double garage, three bedrooms, wine cellar and a rooftop garden with city views, the apartment was decorated in Ms Hill’s unique style.

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