Ever since man walked on the face of the earth, he has been on the lookout for a place where he can hide from predatory dinosaurs, or store his bronze axe, or park his horse and carriage, or dock his iPod. [...]
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WARRNAMBOOL based developer Graeme Schultz can expect to make about $12 million from the sale of a 75-room resort on Victoria’s Great Ocean Road. The Sebel Deep Blue resort at Warrnambool, about 270 kilometres west of the CBD, will be sold with a lease to Mirvac Hotels. The 4.5 star resort includes a restaurant, bath house, therapy pool, swimming pool, private bathing rooms and function rooms catering for up to 300 people. [...] IN a sign of how dense living is set to become within the CBD grid, a tiny 120 square metre development site – big enough to fit about six parked cars – will become an 11-level, 25-unit apartment tower. The owner of a site at 22 – 24 Bennetts Lane has decided to sell after obtaining a permit to redevelop the existing block into a major tower. Two years ago, the site sold at auction for $1.1 million or about twice what had been expected. [...] IN a sign of how dense living is set to become within the CBD grid, a tiny 120 square metre development site – big enough to fit about six parked cars – will become an 11-level, 25-unit apartment tower. The owner of a site at 22 – 24 Bennetts Lane has decided to sell after obtaining a permit to redevelop the existing block into a major tower. Two years ago, the site sold at auction for $1.1 million or about twice what had been expected. [...] |
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