Developers trade Wantirna South funeral home
The China based developer which paid Allison Monkhouse directors $10.15 million for a prominent Wantirna South funeral home four years
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Up Property acquires Wantirna South townhouse site
Up Property is paying $6.42 million for a townhouse site in Melbourne’s east. The 7386 square metre parcel, 500 Stud
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Wantirna South multi-service medical centre collects $5m
Two healthcare investments near Knox Private Hospital, in Melbourne’s east, are changing hands. In the biggest and most recent deal,
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Chinese developer flipping prominent Wantirna South funeral home
The Chinese developer which paid Allison Monkhouse $10.15 million for a prominent Wantirna South funeral home two years ago is
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Former Wantirna Heights School permitted for 51 townhouses
A year after it acquired the former Wantirna Heights School, in Melbourne’s east, Oz Property Group this week won unanimous
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Longriver to sell $60 million-plus Wantirna infill site
Developer Longriver is selling a major infill site in Wantirna, about 24 kilometres east of the Melbourne CBD. The 8.3
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Former Wantirna Heights School sells to Oz Property Group for $9.7 million
EXCLUSIVE The former Wantirna Heights School, in Melbourne’s east, has sold for $9.71 million. Victoria’s Department of Education listed the
Read moreMirvac to Start Marketing Homes at Former Austral Bricks Site by October 2010
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.
Read moreMirvac on Track to Redevelop Scoresby Austral Bricks Site into 1000 Lot Estate
PLANS to redevelop the 56 hectare Austral Bricks quarry in Scoresby, and part of Wantirna South, are “well progressed”.
Sydney-based developer Mirvac said it has applied to subdivide the massive property into about 1,000 housing lots, which will eventually accommodate a mix of 2, 3, 4 and 5 bedroom terrace and freestanding homes. A new mixed use shopping centre will also be developed on the site, about 25 kilometres south-east of town.
Australian Unity Opens Victoria Grange Aged Care Facility
Minister for Ageing Justine Elliot MP officially opened Australian Unity’s $25 million Victoria Grange Aged Care facility in Wantirna South this week.
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Investors outlay $45m on childcare centres
Childcare centres worth close to $45 million traded at a bulk auction event today. The priciest, at Wantirna South in
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Up Property pre-commits Barwon Health to Geelong office
Up Property has pre-committed Barwon Health to a five storey Geelong office set to replace the Belcher Arcade. The state
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New York’s Central National-Gottesman expands at Rowville
The Australian division of New York based Central National-Gottesman has leased a Rowville office/warehouse less than a week after it
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Mirvac cements deal with Boral to develop quarry spreading across two Melbourne suburbs
Mirvac will develop a 1700-lot housing estate on a Boral quarry which spreads across two suburbs, Wantirna South and Scoresby,
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Jenkins family banks $100m from apple orchard
The Jenkins farming family has sold a Wantirna South apple orchard to developers for close to $100 million. The 14.96
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Former Mooroolbark Primary School, Melbourne, Sold to Developers
DEVELOPER Three Pillars has bought another disused education facility in Melbourne’s outer east.
This time, in Mooroolbark, the builder has paid the Department of Education and Early Childhood Development $4.6 million for a 1.9 hectare former school, expected to be replaced with a new housing estate.
The former Mooroolbark Primary School at 1-5 Central Avenue, about 31 kilometres from town, was listed for sale by Jones Lang LaSalle’s Dominic Gibson and Matthieu Lucas. The state government, which listed the school for sale last November, accepted a long seven month settlement.
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Knox School to sell Phillip Island boys home
A Newhaven property developed in 1928 as the St Paul’s Boys Home is being sold by The Knox School. The
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Mirvac Building Wall That Will Block Waverley Park Eyesore From Melburnians
SYDNEY-based developer Mirvac is building a giant freeway wall which will block Melburnian’s travelling on the Monash Freeway from seeing one of the south-eastern suburb’s most familiar eyesores.
As part of its Waverley Park stadium townhouse redevelopment, which is nearing completion, Mirvac is required to build a freeway wall to mitigate traffic nose for new residents.
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VicRoads Applies to Convert Freeway Wedge Into Housing Estate
IN AN environment where government bureaucrats and planners behave like Melbourne has less land for redevelopment than London, it’s no surprise VicRoads is trying to flog off a poorly located site beside the junction of three busy highways.
VicRoads has requested to rezone two parcels of land known as 25 and 55 Burwood Highway, in Wantirna, which it compulsorily acquired to build the Eastlink tollway, but no longer needs.
The affected land is well serviced by transport – abutting the busy intersection of Burwood and Mountain highways, and Eastlink, about 25 kilometres east of the CBD.
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Mirvac Gets Ready to market Sixth Docklands Skyscraper
SYDNEY-based developer Mirvac will launch its sixth Docklands skyscraper, Yarra Point, in October.
Mirvac will adopt a design strategy used at its Tower 5 complex nearby, and the Melburnian, in St Kilda Road, by targeting top-end buyers with a high quality product.
This is reflected in the sale price, where one-bedroom flats are expected to be priced from $500,000.
The distinctive $200 million tower, 31-level tower will include 201 apartments in one, two and three bedroom configurations.
Yarra Point will include a rooftop garden, communal barbecue facilities and a gym atop a fifth level podium.
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Eastern Golf Course on Track to Sell to China Based Developers
A CHINA-based developer is believed to be paying more than $100 million for what is the biggest development site put to the Melbourne market in recent years.
The offshore group is expected to be announced within weeks as the buyer of Doncaster’s massive 47 hectare Eastern Golf Course, about 15 kilometres east of town.
The 86-year old course is expected to be redeveloped into a $1 billion village of shops, offices, and apartments, after the club relocates to an as-yet-unbuilt development in about 2013.
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Eastern Golf Club to be sold for housing
EASTERN GOLF Club board members will sell their massive Doncaster golf course, paving the way for a mixed use development of bulky good shops, offices, apartment towers and houses, with a potential end value of more than $1 billion.
The 48-hectare property, accessed by more than 12 suburban streets, is expected to sell for about $100 million to a developer, which sources expect will capitalise on the prominent Doncaster Road frontage with commercial and high density residential buildings, and subdivide what is currently an 18-hole golf course, into more than 1,000 housing lots.
Institutions Offload Commercial Property
Another round of major properties were quietly put to the market by institutions this week.
Read moreMirvac beats Stockland for 56ha Melbourne housing site
Mirvac has purchased a 56 hectare residential development site in Melbourne’s south east. Chief executive officer, Victorian Development, Greg Collins,
Read moreAlmost $17m in Service Station Sales This Week
ALMOST $17 million in suburban service stations changed hands this week on low yields, as demand from private investors for securely leased retail assets intensified.
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QIC secures health giant to Ringwood office
Eastern Health has committed to a landmark all-electric office under construction next to Eastland shopping centre. The healthcare giant, which
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HMC snares $1.2b hospital portfolio
HMC Capital has picked up a portfolio of 11 hospitals, seven which will be held by two trusts. The $1.2
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Stockland re-enters Geelong housing market
Stockland has acquired another low-density residential development site, this time at Armstrong Creek, between Geelong and Torquay. The 30.6 hectare
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Stockland spends $82m in Melbourne’s west
Stockland is paying $82 million for a low density housing site in Melbourne’s west Tarneit. The c85 hectare block at
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Stockland buys ex-caravan park for townhouses
Stockland has acquired another infill Melbourne site for townhouses. The former caravan park at 203 Mountain Highway, Wantirna, was offered
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