East Victoria Park Apartment Development Site, Perth, Sells For $9.3 Million

A RESIDENTIAL development site in East Victoria Park, in Perth’s inner south-east, has sold for $9.3 million. Perth developer Finbar, and development partner Wembley Lakes Estates, have purchased the 1.5 hectare site with a street address of 6 – 14 Welshpool Road, and 185 – 189 Swansea Street. The AFR reports the 6,200 square metre

Read more

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.

Read more

Ray White Invest & Blair Group Buy Currambine Marketplace, Perth, For More Than $50 Million

Specialist direct property funds management group Ray White Invest and private retail developer Blair Group today announced the joint acquisition of the Currambine Marketplace in Perth from Woolworths Ltd for in excess of $50m with proposed expansion plans to significantly increase the value of the property.

Read more