Australand Sells Undeveloped Taylors Hill Shopping Centre For $23 Million

About 30,000 residents are expected to call Australand’s adjoining housing estate home, upon completion. Australand’s biggest shareholder is South-East Asian’s CapitaLand.

Executive director Sean McMahon told the AFR Australand will look to pursuing a similar strategy (of selling the retail component within a housing estate) in another development in Melbourne’s Cranbourne, and a project in Sydney.

Taylors Hill is the name given to a part of Sydenham, near Caroline Springs, Hillside and Delahey.

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Marc Pallisco

A freelance property analyst and journalist, Marc is a co-founder of realestatesource.com.au.

Marc Pallisco

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