Doncaster Development Site Sale

A CHINA-based developer is understood to have paid $3 million for a 1465 square metre development site near a prominent Doncaster Hill junction, about 13 kilometres east of town.

The 86 – 88 Tram Road sold with a permit for a six-level, 28-unit tower, each with balconies and car parks. The site is about 150 metres from the corner of busy Doncaster Road, and near Westfield Doncaster – the site Sydney-based retail giant Westfield chose to develop its first Melbourne shopping centre in 1969. Savills Nick Peden and Nick Dempsey were the marketing agents.

Manningham City Council has been encouraging high density housing for arguably for longer than any suburban council – mainly around Doncaster Road.

Victoria

Doncaster Road Site Sells to Overseas Developer For $16.25 Million

June 16, 2010 Marc Pallisco Doncaster, Doncaster Development Site Sale, Doncaster Retail Sale

A PROMINENT eastern suburb site, once owned by members of the Myer family has sold to an overseas investor and is set to be rebuilt as a $100 million mixed use village of shops, offices and apartments.

An Asia-based builder has paid $16.25 million for the major 8395 square metre bulky goods complex on the south-east corner of Doncaster and Manningham roads, in Doncaster.

The site, with a street address of 602 – 630 Doncaster Road, is recognised as the Doncaster home of retailers Officeworks and Autobahn.