My Melbourne Real Estate

IN THE week the Melbourne City Council legislated for higher-density development in the inner north-western suburbs, it can also be revealed Planning Minister Matthew Guy is reviewing plans to replace two historic West Melbourne factories with two landmark apartment buildings – the tallest soaring 44 levels. The sites, at 371 – 379 Spencer Street and 83 – 113 Batman Street, will be combined to create a new village with a gross floor area of some 85,000 square metres – about the same size as the Rialto. Proposed by local investment house Bennelong Group, two towers – one rising 39 levels, and another, 29, will be developed atop a five level podium which will include 548 car park bays and 223 bike spaces. [...]