AFTER a false start, boutique builder R.Corporation has gone back to the drawing board, proposing to redevelop an historic horseRead more
SOUTH Yarra based developer R.Corporation has acquired another prime-located residential development sites that its rivals might have avoided.
This time, at 29 Hampstead Road in Maidstone – overlooking the Maribyrnong Detention Centre – the builder has paid government monopoly Australia Post almost $11.5 million for a two hectare property until recently used as a sorting and distribution centre.
R.Corporation – which once employed bikini model Jodhi Meares to market a high end apartment project it was building on the former “Prahran Destructor” tip and incinerator site in South Yarra – is expected to build a $100 million village at its new Maidstone site which has four street frontages.Read more
The buildings where Graham Kennedy let loose his famous “faark” crow-call and where fans of Bandstand learned the twist and the stomp are believed to be close to sold as Channel Nine capitalises on its inner-suburban properties in Melbourne and Sydney.Read more
BOUTIQUE builder R.Corporation has purchased its first major development site since the 2008 economic downturn, and is said to be planning a $150 million-plus mixed use village which would be amongst the biggest projects in the developer’s portfolio.
The South Yarra based developer, headed by Andrew Rettig, is understood to be paying about $20 million, sources estimate, for a vacant four hectare site at 98 – 116 Cavanagh Street in Cheltenham, 20 kilometres south east of town.
R.Corporation is reputedly planning to replace the site with a mix of shops, offices and apartments.Read more