Birthplace of the city’s popular café culture, Carlton is amongst the most diverse and dynamic suburbs located within Melbourne. Besides being a home to the Italian community of Melbourne, Carlton accommodates residents from other parts of the world including the UK, South Eastern Asia, and Eastern Asia. People, from all over the world, flock to this [...]
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AFTER failing to sell for more than a year, a massive Williamstown development site with a catch will be auctioned next month. The former Williamstown gasometer site at 87 – 93 Stevedore Street is expected to attract interest from residential developers who would need to remediate the site and have it rezoned, before undertaking a redevelopment. Measuring 3600 square metres, the property is expected to fetch some $3 million when it is put to auction at 2pm on Wednesday September 29, in a campaign being managed by Century 21 Wilson Pride Prahran’s David Lowenstein. [...] THE Office of Housing has paid close to $4 million for a disused aged care facility in Box Hill. Dwellings on the 2480 square metre site, opposite the Box Hill Tennis Club and near the Surrey Hills and Burwood suburb borders, are expected to be refurbished before being made available to public housing tenants. The purchase continues a trend of the Federal Government, and associated public housing service providers snapping up prevalent development sites all around Melbourne and Victoria. Some of the biggest public housing projects are currently under construction in Abbotsford, Ashwood, Carlton, Ringwood and Wonthaggi. [...] Every year Forbes publishes the list of the richest people in Australia. 2009 showed a drop in the number of billionaires (we’re down to 9) but despite the changes in the economy these entrepreneurs proved that fortunes can still be made. Almost everyone on the list started out with a small venture that eventually flourished with [...] DEVELOPER and fund manager Becton is still in a selling mood. This time, the East Melbourne-based group is offloading a Little Collins Street office building it bought from Vicland for $22.2 million in September 2006. The 422 Little Collins Street office is expected to fetch about $17.5 million this time around, reflecting a yield of about 10 per cent based on the assets approximate annual income of $1.75 million. [...] DEVELOPER and fund manager Becton is still in a selling mood. This time, the East Melbourne-based group is offloading a Little Collins Street office building it bought from Vicland for $22.2 million in September 2006. The 422 Little Collins Street office is expected to fetch about $17.5 million this time around, reflecting a yield of about 10 per cent based on the assets approximate annual income of $1.75 million. [...] HAVING opened the Stockland Tooronga Shopping Centre in Glen Iris on Thursday, Sydney-based developer Stockland has bought forward plans to build a $40 million, 7087 square metre complex in Melbourne’s outer north. Preparatory construction work has started for two Craigieburn developments: the Stockland Highlands Shopping Centre at Bridgehaven Village, and another complex, The Corner Store, off Waterview Boulevard. Stockland Highlands will open in the middle of next year and include 22 speciality shops and a piazza style town square. [...] HAVING opened the Stockland Tooronga Shopping Centre in Glen Iris on Thursday, Sydney-based developer Stockland has bought forward plans to build a $40 million, 7087 square metre complex in Melbourne’s outer north. Preparatory construction work has started for two Craigieburn developments: the Stockland Highlands Shopping Centre at Bridgehaven Village, and another complex, The Corner Store, off Waterview Boulevard. Stockland Highlands will open in the middle of next year and include 22 speciality shops and a piazza style town square. [...] Here we have four strategies which are fantastic, especially if you currently own negatively geared property. These strategies are so easy to do yourself and here is an example of just how easy it is. There was a gentleman called Jeff. Now Jeff had bought three negatively geared properties from a seminar. These properties had been [...] CONSTRUCTION of the city’s next major office tower will start in February, after seven, strata titled levels of a proposed buidling sold “off-the-plan” to owner occupiers, in a pre-marketing campaign. The Royal Australian Institute of Architects will build an uber-luxurious, $40 million, 21-level tower at the north-west corner of Exhibition Street and Flinders Lane. Measuring approximately 7000 square metres, the RAIA will occupy levels 1 to 4 of the new building, which will sit between much larger skyscrapers including the Ernst & Young building at 8 Exhibition Street, the Collins Place towers and the recently refurbished Grand Hyatt Hotel. [...] |
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