Melbourne Planning Landscape Changed Forever Because of Melbourne 2030 Policy

TWO disused bowling alleys, north and south of the Yarra River, give an indication of how fast planning attitudes have reformed, as architects, developers and planners maximised the former government’s redundant Melbourne @ 5 Million planning strategy.

In Mentone, some 21 kilometres south of the CBD, council has just rejected plans to replace the Mentone Bowl site with a 170-unit residential village topped by two towers of eight and 12 levels.

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Prominent Pubs, and a Western Suburbs Development Site, Offered in $80 Million Portfolio

SOME of Melbourne’s most popular hospitality venues – and a major western suburb development site – form part of an $80 million portfolio of properties set to hit the market next month.

A consortium of Melbourne-based private investors, including Sebastian Catalfamo and Gilbert Cabral, will share in the spoils of the eight properties which are being offered separately.

In Melbourne, hospitality venues include The Point on Albert Park Lake – a 940-seat venue which is expected to sell for about $3 million.

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Charter Hall Starts Marketing Townhouses at Former Nylex Mentone Site

CHARTER Hall is set to start building a $75 million housing estate on part of Nylex’s former industrial products manufacturing and distribution complex in Mentone, a site which it has snapped up in stages over the past four years.

In a trend that is seeing interstate builders increasingly look to Melbourne’s outer suburbs for opportunity, the Sydney-based developer plans to build 119 townhouses on the 3.3 hectare site at the south-west corner of Warrigal Road and Oak Avenue.

Construction of the project, to be known as Aquilo, is set to start within weeks. Marketing of the first townhouses, priced from just under half a million each, commences today.

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