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Written by Marc Pallisco
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Thursday, 03 June 2010 09:51 |
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TWO years after Mirvac paid Brickworks Limited a staggering $100 million for its Austral Bricks site, in Melbourne’s south-east, the Sydney-based developer is ready to start marketing the first homes.
Mirvac Victoria CEO John Carfi says the first blocks at the site, known as 525 Stud Road, in Scoresby, should be put to the market in October.
The Austral Bricks site spreads 56 hectares, and spills into the neighbouring suburb of Wantirna South.
Mirvac intends to develop a new shopping centre on the site, as well as a lake and wetlands.
It’s been speculated the site could accommodate up to 1000 dwellings, however this could increase given the growing acceptance of medium and high density in the suburbs.
Scoresby and Wantirna South are about 25 kilometres from town.
Mirvac has also recently launched the last of the “oval front blocks”, as part of the Waverley Park stadium site redevelopment, in Mulgrave.
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