Lend Lease Announces $1 Billion Mixed Use Village at Werribee, west of Melbourne

LEND Lease has launched a new $1 billion mixed use village at Werribee, in Melbourne’s middle-western suburbs.

The 438 hectare site will make way for 4000 homes, four schools and a new neighbourhood shopping centre. The first blocks will hit the market in mid 2012, and the project is expected to take ten years to complete.

The price Lend Lease paid for the land has not yet been reported. Below is an announcement by the Sydney-based developer and fund manager.

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Apartments Released at $440 Million Wyndham Harbour Project in Melbourne’s Outer West

Wyndham HarbourHIGH density development is making its way to Melbourne’s outer western suburbs.

The developer of the $440 million Wyndham Harbour project in Werribee South has released the project’s first apartments to the market, two months after releasing its first staged land subdivision, which has sold out.

Long term wet berths of between 10 and 30 metres have also been released for sale at the development, about 30 kilometres west of town.

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