Perth-Based ABN Group Buys Melbourne Docklands Development Site
The site was sold with a permit to build a 23-level office building – however the new owners are expected to build a much more modest 4-level building, which may become Boutique Homes headquarters, and offer redevelopment potential later.
The Business 3 zoned property abuts Mirvac’s Yarra’s Edge residential apartment precinct, on the Yarra River in Docklands, and any similar residential development would offer similar water and skyline views.
A Boutiques Homes representative was unavailable for comment when contacted by Capital Gain. Lemon Baxter’s Paul O’Sullivan and Chris Curtain marketed 81 Lorimer Street with DTZ’s Richard O’Callaghan and Russell Hannan.
