Tip Top Bakery, East Brunswick, Sells Again to Little Project Developments
BRUNSWICK East’s former Tip Top Bakery has been sold, again, and could be developed into a residential village with a possible end value of more than $100 million.
The 1.25 hectare Weston Street factory – once dubbed Melbourne’s unluckiest development site because its previous owners could not get redevelopment off the ground – sold this week for just over $11 million to Little Project Developments, the construction company of Toll Holdings chief executive Paul Little.
The art deco factory was one of the biggest development sites in the portfolio of failed property developer Westpoint, which collapsed in early 2006.
