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Vision Australia Sells Essendon Site For $2.4 Million

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Written by Marc Pallisco   
Monday, 10 May 2010 22:12

VISION Australia has reaped $2.4 million from the sale of a major residential development site at the suburb border of Essendon, Moonee Ponds and Brunswick West.

The 1643 square metre property, at the north-east corner of Albion and Lawson streets, sold to a local private investor, who is expected to develop a medium density residential project.

An existing building, built in 1987 and renovated in 1995 will be demolished. Vision Australia occupied this site until two months ago.

Knight Frank selling agents Marcus Quinn and Ken Smirk auctioned 43A Albion Street site, in Essendon, for Vision Australia last week.