Historic Avalon Mansion Demolished

However, Avalon did not survive the Victorian Civil and Administrative Tribunal, which approved a demolition application by the mansion’s previous owner – allowing it to be sold as a development site for $7.7 million in late 2007.

The property is now controlled by Sydney-based builder Peloton Group, which expects its 12-level, 159-unit Proximity tower to be complete late next year. Just five apartments are unsold within Proximity, which was marketed last year.

 

Link to a great walkingmelbourne forum: http://www.walkingmelbourne.com/forum/viewtopic.php?f=3&t=4480&start=12

 

Marc Pallisco

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

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