Government Reaps $18 Million From Major Hazelmere Department of Defence Site

CEDAR Woods has paid $18 million for a 273-hectare development site, offloaded by the Department of Defence.

The former Bushmead Rifle Range at Hazelmere is expected to be redeveloped into a housing estate with up to 900 residential lots.

Cedar Woods is a listed company. The Hazelmere acquisition was made by a subsidiary Dunland Property, according to the AFR.