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SP AusNet to Reap $5 Million From Victorian Development Site Sales

ELECTRICITY transmission network owner and operator SP-AusNet can expect to make about $5 million from the sale of two Victorian properties, effectively development sites. The first site, at 785 Thompsons Road in Lyndhurst in Melbourne’s outer south-east, measures 23.7 hectares and is opposite the Sandhurst Club Golf Course and Links Living residential estate. It’s expected to sell to a residential developer for about $4 million, according to sources.

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  1. Victorian State Government Pays $21 Million For Riverfront Development Site, Footscray AS PART of its push to ensure there is a 20 – 25 year supply of land available for residential development, the new state...
  2. Victorian State Government Pays $21 Million For Riverfront Development Site, Footscray AS PART of its push to ensure there is a 20 – 25 year supply of land available for residential development, the new state...
  3. 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...
  4. Peet & Co to Sell Suburban Melbourne Development Site PERTH-based developer Peet & Co has apparently decided against developing a 28 hectare housing estate in Melbourne’s outer south-east, and is now selling the...

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