R.Corporation Pays Australia Post Nearly $11.5 Million For Prominent Maidstone Site

SOUTH Yarra based developer R.Corporation has acquired another prime-located residential development sites that its rivals might have avoided.

This time, at 29 Hampstead Road in Maidstone – overlooking the Maribyrnong Detention Centre – the builder has paid government monopoly Australia Post almost $11.5 million for a two hectare property until recently used as a sorting and distribution centre.

R.Corporation – which once employed bikini model Jodhi Meares to market a high end apartment project it was building on the former “Prahran Destructor” tip and incinerator site in South Yarra – is expected to build a $100 million village at its new Maidstone site which has four street frontages.

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Developer Pays $5.95 Million For Maidstone Development Site, Melbourne

A DEVELOPER has paid $5.95 million for a 2.7 hectare site abutting a residential area in Maidstone, some eight kilometres west of the CBD. The former factory at 84 – 88 Mitchell Street is near the Maribyrnong suburb border, and within walking distance to the massive Highpoint Shopping Centre and Homemaker Centre. Longer term, it’s

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