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.
