Central Equity Pays About $24 Million For Point Cook Site
Central Equity is already marketing the Featherbrook estate in Point Cook, not far from its latest acquisition.
Featherbrook includes a commercial component with bistro, a TAB, gaming room, and 250-seat multi-purpose room.
A Central Equity representative was unavailable when contacted by Capital Gain. Kelemen Commercial’s Andrew Egan and Rudy Kelemen, who marketed the site, declined to comment on any part of a deal.
Other prominent developers in Point Cook include AMP, Costa Properties, Peet & Co, Villawood and Walker Corporation.
Last week, FKP released the first land titles for its $600 million Saltwater Coast housing estate, at the eastern most boundary of the suburb, abutting Port Phillip.
