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House and land in Epping

House and land in Epping offers you the luxury of simple country living while staying connected to city life. Epping has Mill Park on one side and Lalor to the South. It is also flanked by South Morang and Somerton on [...]

Australian Red Cross Sells Southbank Carpark to Developers

IT might have seemed like just another inner-city development site sale, but it’s actually the end of an era. The Australian Red Cross has sold another major piece of land near its outgoing Southbank headquarters, now that it is based across town. The charitable organisation made $5 million from the sale of the 1448 square metre site at 127 – 129 Kavanagh Street, which is expected to make way for apartments. [...]

Hawthorn East School Converted Into Prestige Street

HAWTHORN East’s former Preshil School site has re-opened as a small, new housing estate. A spokeswoman for the Boroondara Council said a Plan of Subdivision was certified on July 9, in which Daniel Court replaces a site previously known as 462 – 466 Barker Road. The planning application to replace the school with a new street was lodged in early 2006. Daniel Court has eight blocks, ranging in area from about 550 square metres to just over 720 square metres. [...]

Asia Based Investor Buys Second Victorian Golf Course in a Month, Major Redevelopments Planned

FOR the second time this month, an Asia-based developer has purchased a prominent Victorian golf course, and is proposing to build a $55 million hotel, apartment-based complex and new 18-hole golf course, next door. An as-yet-undisclosed syndicate, which will be part controlled locally, is understood to have paid more than $7 million for the massive St Andrews Beach Golf Course and Resort, on the Mornington Peninsula. As well as the Gunnamatta course, a temporary club room and 20 apartments, the purchase includes an adjoining development site, which will yield another 18-hole course, club room, 40-room hotel, licensed commercial premises, and about 120 apartments. [...]

Prominent Bourke Street Building Expected to Fetch $17 Million

A WEEK after music promoter Michael Coppel reaped $15 million from the sale of an under-utilised commercial building at a prominent CBD intersection opposite the State Library of Victoria – and even higher profile “corner site” has hit the market. The distinctive 1960s Bradman’s Handbags and Travel Goods building, at the north-west corner of Bourke and Swanston streets is expected to sell for about $17 million. On land of 134 square metres, the four-level building, which is part of the Bourke Street Mall, cannot be demolished, but can be reconfigured, and possibly extended, by a new buyer, sources say. [...]