Major 17-Level Apartment Tower Proposed For Essendon

LANDOWNERS are bingeing on state government messages they are now permitted to build Melbourne out and up.

In the month growth boundaries were expanded so that metropolitan Melbourne will stretch as far north and west as it does south – the owners of an Essendon shopping centre, ten kilometres from the CBD, have proposed a landmark complex with three towers, the tallest with apartments rising 17-levels.

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Hudson Pacific Group Reaps $11.45 Million From Essendon Bulky Goods Centre

A BULKY goods centre with redevelopment potential in Bomber-land has sold for $11.45 million.

Hudson Pacific Group, a wholly owned subsidiary of Hudson Investment Group, has offloaded the 15,309 square metre 299 Pascoe Vale Road site, which includes four bulky goods showrooms returning almost $940,000 per annum in rent.

The site abuts rail tracks between the Glenbervie and Strathmore train stations, on the Broadmeadows line.

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Vision Australia Sells Essendon Site For $2.4 Million

VISION Australia has reaped $2.4 million from the sale of a major residential development site at the suburb border of Essendon, Moonee Ponds and Brunswick West.

The 1643 square metre property, at the north-east corner of Albion and Lawson streets, sold to a local private investor, who is expected to develop a medium density residential project.

An existing building, built in 1987 and renovated in 1995 will be demolished. Vision Australia occupied this site until two months ago.

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