Federal Government Unveils $400 Million Quarantine Facility, Mickleham, Melbourne

THE federal government this week unveiled plans for a $400 million quarantine facility in Melbourne’s north.

The project for a site in Donnybrook Road was foreshadowed by The Age in May after the Gillard government paid the joint venture owners, developers AMP Capital and Folkestone, about $40 million for the 144 hectare parcel – marked as Stage 1 in the image, right.

The land had previously been earmarked for an industrial and business park.

To be developed by the Department of Agriculture, Fisheries and Forestry, the Mickleham facility will hold imported animals – from cats and dogs to alpacas – as well as plants.

Read more

JG King, Massi, Buy Into $80 Million Clifton Hill Housing Estate

FOLKESTONE and AMP Capital Investors have sold part of a major $80 million residential development in Clifton Hill.

A joint venture consortium including major suburban home builder JG King Homes, and Massi Property Solutions, have paid an undisclosed sum for a major piece of the Clifton Hill site, at the corner of Noone and East Grey streets, near the northern fence of the Eastern Freeway.

The site, formerly occupied by Spicers and used as a clothing dye factory, was part of a much larger property acquired by Folkestone and AMP for a speculated $14 million in June 2007.

Read more
error: Content is protected !!