Craigieburn is a suburb of Melbourne about 25 kilometres away from the central business district in Melbourne. With Melbourne spilling out of its seams, it is a suburb that is increasingly being noticed by developers. Craigieburn is quickly being converted into an urbanised place making Craigieburn house and land options more practical to purchase. With a [...]
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THE list of farmers who have become instant millionaires as a result of government planners needing land for housing, has grown. This time, in the western suburb of Wyndham Vale, 35 kilometres from town, a private family has achieved a price of $6.5 million from the sale of its 12.1 hectare farm. Wyndham Vale is in Melbourne’s first home buyer heartland. The farm, at the north-east corner of Ballan Road and Wollahra Rise, opposite the Manor Lakes Shopping Centre, is expected to be redeveloped into a major housing estate. [...] AFTER picking up a prominent eastern suburb development site at a particularly depressed time in the property cycle last year, fast food chain McDonalds is readying to play property developer. McDonalds is looking to replace part of a prominent former Patterson Cheney car dealership at 43 – 57 Maroondah Highway in Ringwood, with a 24-hour restaurant. It paid about $15 million for the massive 16,380 square metre site, near the Maroondah Highway exit of Eastlink, almost a year ago. [...] |
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