Geelong Commission Flat Site Listed For Private Sale
WHILE attention in Geelong’s this week has circled the ‘approved-by-stealth’ public-private housing redevelopment of the city’s former TAFE site, another high profile property – given the green light last year to become one of the federal government’s 80,000 social and affordable new dwellings – failed to sell at auction.
Grey concrete silos at 46 – 48 Mercer Street, at the corner of Roy Street, and near the town centre – has now been listed for private sale through Colliers International at $1.95 million.
A 40-unit affordable housing development has been approved to be developed within the walls of the high-rise silos, prominent on the drive in to Geelong.
The Rudd government aims to substantially boost the number of social and affordable houses nationally by 2012.
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