Peet, Myer, MTAA Super Kick Off Biggest Perth Coastal Development in 50 Years

 

Peet paid $300 million in January 2008 for its 243 hectare parcel with joint venture partners MTAA Super and the Myer family. About 3,300 dwellings – accommodating 500,000 people – are expected to be developed here between now and 2020, the AFR reports.

The first 20 lots sold yesterday averaged $310,000 each, but no land size was reported.

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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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