FKP Gets Started on $600 Million Saltwater Coast Estate, Point Cook

Saltwater CoastIT was one of the most prized assets in the substantial portfolio of Hawthorn-based Wilbow Corporation, when that developer put itself up for sale four years ago.

And now, construction of the first homes in the $600 million village that is Melbourne’s newest waterfront community, is set to begin.

Queensland-based developer FKP has distributed land titles for the first 87 home lots, part of its Saltwater Coast project in Point Cook, about 20 kilometres south-west of town.

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