Les Erdi Buys West Melbourne Development Site

Proposal: 33 - 43 Batman Street, West MelbourneTHE inner-city’s next major hotel looks likely to be developed at a West Melbourne site near the suburb border of the CBD, and Docklands.

Businessman and philanthropist Les Erdi is believed to have paid about $8 million for a 1526 square metre development site at 33 – 43 Batman Street.

The site currently includes a single-level factory known as the WD O’Donnell building, and was put to the market in March with a permit for a 14-level, 136 unit complex.

Read more

Sherbrooke’s Burnham Beeches Estate Sold

Burnham BeechesTHE man who was until recently a joint venture owner of Spring Street’s controversial Windsor Hotel redevelopment, has purchased a significant Dandenong Ranges property, built by the Australian who made his fortune marketing Aspro to the world.

Sources say property investor Adam Garrison is planning to restore the former Burnham Beeches estate in Sherbrooke, about 40 kilometres east of town, into a luxury resort.

The distinctive three-storey art deco home, on 22.7 hectares with historic landscaped gardens, was built in the 1930s as a private home for wealthy businessman Alfred Nicholas, whose Aspro product was one of the world’s highest selling headache treatment by the 1940s.

Read more

Another Caravan Park Bites the Dust

WOOLWORTHS – which is a retailer as well as a developer nowadays – says it is “ready and raring to go” with plans to build a new shopping centre at Phillip Island, if Planning Panels Victoria, approves a proposed project, a decision which is expected to be announced shortly.

The new complex will be developed on the site of the Boomerang Caravan Park, in Cowes’s main retail strip, Thompson Avenue, and is about two blocks from the pier and beach – the supposed centre of activity, for the quiet hamlet renowned for its Penguin Parade.

Read more

Minister Justin Madden Approves Controversial Development in Clayton

Justin MaddenAFTER a decade of debate, the Minister for Planning Justin Madden has gone against the local council and approved a major development, at a prominent junction in Melbourne’s south-east suburb of Clayton.

The decision paves the way for a low-rise shopping centre on the north-east corner of Dandenong and Blackburn roads to be demolished, and replaced with towers incorporating about 400 apartments, a hotel, a new shopping centre, and landscaped gardens.

About 10 per cent of units in the project will be set aside for affordable housing. Most of the remaining units will be targeted to students. Sources speculate the project will have an end value of about $270 million.

Read more

New Penguin Parade Attraction Proposed for Victoria’s Great Ocean Road

PARKS Victoria is considering a plan to open a penguin parade attraction on Victoria’s spectacular Great Ocean Road. The proposal would allow a guided tour at London Bridge near Port Campbell in Victoria’s south-west. A Parks Victoria spokeswoman told the Herald Sun any decision would involve community consultation.

Read more

Geelong’s Yarra Street Pier Close to Redevelopment 21 Years After Fire

Plans for a $30 million pier and waterfront development in central Geelong are expected to be announced next month. Major Projects development facilitator Kathy Timmins told The Age it was happy with the response to a recent Expression of Interest campaign to revive the Yarra Street Pier, which was burned in 1988. Ms Timmins also said the

Read more

Southern Cross Broadcasting’s Outgoing South Melbourne Office to Become Hotel and Apartment Complex

FOUR months since selling to developers, the new owners of South Melbourne’s 41 – 49 Bank Street office – and long time home of Fairfax Media’s Southern Cross Broadcasting – have lodged plans to build a hotel and apartment complex on the site.
 
A spokeswoman for the Port Phillip Council said it is reviewing an application to demolish the existing building and construct a 16-level complex, which would include 126 apartments, 88 hotel suites, and a ground floor restaurant.
 

Read more

Lasseters International Close to Buying Holiday Inn, Melbourne, For $44 Million

MELBOURNE’s Holiday Inn Hotel in Flinders Street is believed to be close to sale to Singapore’s listed Lasseters International Holdings.

Lasseters is understood to be paying about $44 million fo the 4.5 star, 200-room hotel, which is being offloaded by Eureka Funds Management.

Eureka purchased the Holiday Inn, and eight other hotels as part of the $390 million purchase of the InterContinental Hotel Groups portfolio in 2005.

Read more

Ava Gardner & Frank Sinatra’s South Yarra Hideaway Listed For Sale

Ava Gardner & Frank SinatraTHE South Yarra motel at the centre of a saucy scandal involving Hollywood actress Ava Gardner, and crooner Frank Sinatra 50 years ago, is for sale.
 
Rooms within the St James Motel, at 35 Darling Street, accommodated Ms Gardner and a production crew during the 1959 filming of “On the Beach”, parts of which were shot in Berwick.
 
It was reported Frank Sinatra would often visit Ms Gardner during filming, despite the fact the couple divorced two years earlier.  Sinatra left his wife and three kids in 1951, to marry Gardner – who had already been married twice before. 

Read more

Aspen Group to Sell Controversial 48 Hectare Dromana Site

PERTH-based developer Aspen Group has quietly listed for sale a controversial 48 hectare Mornington Peninsula property it acquired as a “green wedge” zoned site two years ago and had rezoned.
 
The Dromana property at 143 Nepean Highway, is a resort development site and will be sold with a permit for an 80-room hotel, a function centre, winery, restaurant, golf driving range and 472-site caravan and camping ground.

Read more