Baracon - Real Estate Source

A Review of Melbourne Apartment Projects: Those Marketed; Those Canned

March 12, 2011June 29, 2017 Marc Pallisco 0 Comments Abbotsford, Ashington, Baracon, becton, carlton, Drapac, Ever Bright, Grocon, Hamton, Melbourne CBD Apartment Research, Parkville, prahran, Southbank, VCAT

INCENTIVES offered to stimulate apartment construction during the economic downturn, such as record low interest rates, and first home owner grants, have resulted in some of the city’s biggest, boldest apartment-based projects being offered to the market.

But not all developers could get their projects out of the ground.

Domain took a look at some of the more ambitious redevelopment proposals launched, and canned, since its last Apartment Guide, in Spring 2010:

Victoria

Baracon Retains Southbank Site, Decides to Develop Major Tower

June 14, 2010 Marc Pallisco 0 Comments Baracon, Southbank

SOUTH Melbourne based developer Baracon has decided to retain a prominent Southbank development site. Baracon had been expected to make about $12 million from the sale of the 1344 square metre site, which Savills put to the market with a permit for a 41-level apartment tower. Baracon will now develop the tower it had planned