Mornington

GILPIP Bayside Projects, which in 2008 paid the Catholic Church $10 million for its outgoing St Macartans Primary School, is readying to redevelop the site into a $40 million housing estate.

Gilpip is planning to replace the two-hectare former Tanti Avenue school, with a medium density residential project including 21 apartments and five townhouses, some which will offer water views.

A 15-lot subdivision, with block sizes ranging from 415 square metres to 623 square metres has also been put to the market, as part of the Macartans Place redevelopment, which Gilpip is marketing  via an on-site sales suite.