JG King – realestatesource

YET another house of worship is deferring to the medium density redevelopment trend.

This time, in West Footscray, a former Uniting Church on the corner of Ormond and Glamis roads will be pulled down and replaced with 12 double-storey townhouses, in a development called Trugo.

Two bedroom townhouses start from $499,000. Prices rise for three bedroom units, available from $570,000, and the biggest four bedroom homes, which start at $670,000.

JG King Projects is redeveloping the church. Building manager Ryan L’Huillier says Trugo will set a new benchmark for townhouse living in Melbourne’s west.

Victoria

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

February 21, 2010 Marc Pallisco AMP Capital Investors, clifton hill, Folkestone, JG King, Massi, Melbourne development site

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.