Mining Heirs to Sell Perth Development Site Owned by Family For 65 Years

A DEVELOPMENT site overlooking the West Australian government’s Northbridge Link project in Perth is to be sold by the heirs to a mining fortune.

Angela Bennett and Michael Wright, the children of the late Peter Wright who discovered many of Western Australia’s iron ore deposits with business partner Lang Hancock, are selling the 1383 square metre site, currently leased to Wilson Parking.

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Northbridge Link to Connect Perth and Northbridge For the First Time in 100 Years

Northbridge LinkTHE final plan for Perth’s Northbridge Link has been announced for a 13.5 hectare site, around Horseshoe Bend.

The $500 million plan will see Perth’s central train and bus station sunk, and a new town square developed on land above. The development will include public gardens, retail, business and residential areas, and will connect Perth and Northbridge for the first time in 100 years.

WA Premier Colin Barnett said work will begin next year, and take four years to complete.

About $250 million of funding will come from the City of Perth council, Federal and State governments.

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