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	<title>My Melbourne Real Estate &#187; residential</title>
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	<link>http://mymelbournerealestate.com</link>
	<description>A collection of the latest blog posts, news and articles covering Melbourne Real Estate</description>
	<lastBuildDate>Mon, 06 Feb 2012 04:00:01 +0000</lastBuildDate>
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		<title>EG Funds Management Proposes Redevelopment of Prominent Kensington Site, Melbourne</title>
		<link>http://mymelbournerealestate.com/2011/12/13/eg-funds-management-proposes-redevelopment-of-prominent-kensington-site-melbourne/</link>
		<comments>http://mymelbournerealestate.com/2011/12/13/eg-funds-management-proposes-redevelopment-of-prominent-kensington-site-melbourne/#comments</comments>
		<pubDate>Tue, 13 Dec 2011 04:00:24 +0000</pubDate>
		<dc:creator>admin</dc:creator>
				<category><![CDATA[Victoria Real Estate]]></category>
		<category><![CDATA[application]]></category>
		<category><![CDATA[Management]]></category>
		<category><![CDATA[residential]]></category>
		<category><![CDATA[result]]></category>

		<guid isPermaLink="false">http://mymelbournerealestate.com/2011/12/13/eg-funds-management-proposes-redevelopment-of-prominent-kensington-site-melbourne/</guid>
		<description><![CDATA[ Sydney-based developer EG Funds Management has lodged plans to replace a rundown Kensington wool store (pictured, right) with a major residential village. The 110-year old historic building, next door to flour processing plant Allied Mills, whose factory is prominent to commuters taking the Bolte Bridge, is expected to be retained in any redevelopment. EG is seeking to build at least one tower, rising up to 12 levels, on its site, according to The Age which reported the development application that has been rejected by council.  [...]


Related posts:<ol><li><a href='http://mymelbournerealestate.com/2011/08/15/another-college-to-make-way-for-apartments-melbourne/' rel='bookmark' title='Permanent Link: Another College to Make Way For Apartments, Melbourne'>Another College to Make Way For Apartments, Melbourne</a></li>
<li><a href='http://mymelbournerealestate.com/2011/03/29/manningham-city-council-sells-prominent-doncaster-site-for-8-92-million/' rel='bookmark' title='Permanent Link: Manningham City Council Sells Prominent Doncaster Site For $8.92 Million'>Manningham City Council Sells Prominent Doncaster Site For $8.92 Million</a></li>
<li><a href='http://mymelbournerealestate.com/2010/09/18/grocon-proposes-90-level-skyscraper-for-disused-cub-site-carlton/' rel='bookmark' title='Permanent Link: Grocon Proposes 90-Level Skyscraper For Disused CUB Site, Carlton'>Grocon Proposes 90-Level Skyscraper For Disused CUB Site, Carlton</a></li>
</ol>]]></description>
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		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>Australian Unity Sells Prahran Medical Centre For $18.7 Million</title>
		<link>http://mymelbournerealestate.com/2011/10/17/australian-unity-sells-prahran-medical-centre-for-18-7-million/</link>
		<comments>http://mymelbournerealestate.com/2011/10/17/australian-unity-sells-prahran-medical-centre-for-18-7-million/#comments</comments>
		<pubDate>Mon, 17 Oct 2011 13:00:53 +0000</pubDate>
		<dc:creator>admin</dc:creator>
				<category><![CDATA[Victoria Real Estate]]></category>
		<category><![CDATA[investors]]></category>
		<category><![CDATA[residential]]></category>
		<category><![CDATA[victoria]]></category>

		<guid isPermaLink="false">http://mymelbournerealestate.com/2011/10/17/australian-unity-sells-prahran-medical-centre-for-18-7-million/</guid>
		<description><![CDATA[ AFTER retaining it for five years, the Australian Unity Investments’ Healthcare Property Trust has sold an inner-city medical complex in a prime residential area to a syndicate of private investors. The Victoria House Medical Centre and Victoria Clinic complexes at 314 – 324 Malvern Road in Prahran (pictured, right) sold for $18.7 million, reflecting a yield of 8.3 per cent based on the asset’s annual rental income of $1.55 million. Australian Unity paid $17.53 million for the Residential 1 zoned asset in 2006, on a yield of 7.8 per cent.  [...]


Related posts:<ol><li><a href='http://mymelbournerealestate.com/2011/07/29/australian-unity-to-sell-19-million-prahran-properties/' rel='bookmark' title='Permanent Link: Australian Unity to Sell $19 Million Prahran Properties'>Australian Unity to Sell $19 Million Prahran Properties</a></li>
<li><a href='http://mymelbournerealestate.com/2010/12/27/australian-unity-sells-former-austereo-office-st-kilda-for-about-10-million/' rel='bookmark' title='Permanent Link: Australian Unity Sells Former Austereo Office, St Kilda For About $10 Million'>Australian Unity Sells Former Austereo Office, St Kilda For About $10 Million</a></li>
<li><a href='http://mymelbournerealestate.com/2011/08/14/melbournes-target-centre-sells-for-89-2-million/' rel='bookmark' title='Permanent Link: Melbourne&#8217;s Target Centre Sells For $89.2 Million'>Melbourne&#8217;s Target Centre Sells For $89.2 Million</a></li>
</ol>]]></description>
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		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>Eaglemont&#8217;s Banksia Court Reception Centre Sells</title>
		<link>http://mymelbournerealestate.com/2011/07/19/eaglemonts-banksia-court-reception-centre-sells/</link>
		<comments>http://mymelbournerealestate.com/2011/07/19/eaglemonts-banksia-court-reception-centre-sells/#comments</comments>
		<pubDate>Tue, 19 Jul 2011 04:00:28 +0000</pubDate>
		<dc:creator>admin</dc:creator>
				<category><![CDATA[Victoria Real Estate]]></category>
		<category><![CDATA[celebration]]></category>
		<category><![CDATA[reception]]></category>
		<category><![CDATA[residential]]></category>

		<guid isPermaLink="false">http://mymelbournerealestate.com/2011/07/19/eaglemonts-banksia-court-reception-centre-sells/</guid>
		<description><![CDATA[ IT’S been the host of many a celebration, but now the former Banksia Court Reception Centre (pictured, right) in ritzy Eaglemont, north-east of town, will be redeveloped as a residential village. The 109 – 111 Banksia Road site is opposite the picturesque Remembrance Park and Austin Hospital, which is classified as being in Heidelberg – a suburb that shares the same 3084 postcode as Eaglemont. The 4046 square metre site sold with plans for an 18-dwelling redevelopment. Six of the new units will be developed within the walls of a prominent heritage building, which was developed in 1912.  [...]


Related posts:<ol><li><a href='http://mymelbournerealestate.com/2010/12/02/former-mushroom-records-site-melbourne-sells-to-developers/' rel='bookmark' title='Permanent Link: Former Mushroom Records Site, Melbourne, Sells to Developers'>Former Mushroom Records Site, Melbourne, Sells to Developers</a></li>
<li><a href='http://mymelbournerealestate.com/2010/08/14/former-elwood-reception-centre-hits-the-market/' rel='bookmark' title='Permanent Link: Former Elwood Reception Centre Hits The Market'>Former Elwood Reception Centre Hits The Market</a></li>
<li><a href='http://mymelbournerealestate.com/2010/08/14/former-elwood-reception-centre-hits-the-market-2/' rel='bookmark' title='Permanent Link: Former Elwood Reception Centre Hits The Market'>Former Elwood Reception Centre Hits The Market</a></li>
</ol>]]></description>
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		<item>
		<title>Melbourne Planning Landscape Changed Forever Because of Melbourne 2030 Policy</title>
		<link>http://mymelbournerealestate.com/2011/06/23/melbourne-planning-landscape-changed-forever-because-of-melbourne-2030-policy/</link>
		<comments>http://mymelbournerealestate.com/2011/06/23/melbourne-planning-landscape-changed-forever-because-of-melbourne-2030-policy/#comments</comments>
		<pubDate>Thu, 23 Jun 2011 04:00:15 +0000</pubDate>
		<dc:creator>admin</dc:creator>
				<category><![CDATA[Victoria Real Estate]]></category>
		<category><![CDATA[developers]]></category>
		<category><![CDATA[residential]]></category>
		<category><![CDATA[result]]></category>

		<guid isPermaLink="false">http://mymelbournerealestate.com/2011/06/23/melbourne-planning-landscape-changed-forever-because-of-melbourne-2030-policy/</guid>
		<description><![CDATA[ TWO disused bowling alleys, north and south of the Yarra River, give an indication of how fast planning attitudes have reformed, as architects, developers and planners maximised the former government’s redundant Melbourne @ 5 Million planning strategy. In Mentone, some 21 kilometres south of the CBD, council has just rejected plans to replace the Mentone Bowl site with a 170-unit residential village topped by two towers of eight and 12 levels.  [...]


Related posts:<ol><li><a href='http://mymelbournerealestate.com/2010/09/16/planning-minister-justin-madden-approves-massive-upper-west-side-project/' rel='bookmark' title='Permanent Link: Planning Minister Justin Madden Approves Massive Upper West Side Project'>Planning Minister Justin Madden Approves Massive Upper West Side Project</a></li>
<li><a href='http://mymelbournerealestate.com/2010/06/27/r-corporation-buys-cheltenham-site-for-speculated-20-million/' rel='bookmark' title='Permanent Link: R.Corporation Buys Cheltenham Site For Speculated $20 Million'>R.Corporation Buys Cheltenham Site For Speculated $20 Million</a></li>
<li><a href='http://mymelbournerealestate.com/2010/06/27/r-corporation-buys-cheltenham-site-for-speculated-20-million-2/' rel='bookmark' title='Permanent Link: R.Corporation Buys Cheltenham Site For Speculated $20 Million'>R.Corporation Buys Cheltenham Site For Speculated $20 Million</a></li>
</ol>]]></description>
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		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>17-Level Apartment Tower Mooted Near Collingwood&#8217;s Victoria Park Stadium</title>
		<link>http://mymelbournerealestate.com/2011/06/23/17-level-apartment-tower-mooted-near-collingwoods-victoria-park-stadium/</link>
		<comments>http://mymelbournerealestate.com/2011/06/23/17-level-apartment-tower-mooted-near-collingwoods-victoria-park-stadium/#comments</comments>
		<pubDate>Thu, 23 Jun 2011 04:00:02 +0000</pubDate>
		<dc:creator>admin</dc:creator>
				<category><![CDATA[Victoria Real Estate]]></category>
		<category><![CDATA[development]]></category>
		<category><![CDATA[opposition]]></category>
		<category><![CDATA[residential]]></category>
		<category><![CDATA[victoria]]></category>

		<guid isPermaLink="false">http://mymelbournerealestate.com/2011/06/23/17-level-apartment-tower-mooted-near-collingwoods-victoria-park-stadium/</guid>
		<description><![CDATA[ SOON, Melbourne’s eyesore commission flat towers might not be the tallest buildings within their suburbs. Far from being daunted by new planning minister Matthew Guy shredding of the Brumby government’s problematic Melbourne 2030 planning policy (which he argued in Opposition treated metropolitan Melbourne like one giant development zone), residential developers are still proposing big, bold buildings. This is despite Melbourne planning being a relative state of limbo until a new planning strategy is formulated. This time, in Magpie land and near the Victoria Park stadium (pictured) and train station, a proposal has been lodged to build a 204-unit residential village with ground floor shops and a 17-level tower.  [...]


Related posts:<ol><li><a href='http://mymelbournerealestate.com/2011/03/14/concil-rejects-36-level-russell-street-proposal-but-nearby-55-level-tower-will-proceed/' rel='bookmark' title='Permanent Link: Concil Rejects 36-Level Russell Street Proposal, But Nearby 55 Level Tower Will Proceed'>Concil Rejects 36-Level Russell Street Proposal, But Nearby 55 Level Tower Will Proceed</a></li>
<li><a href='http://mymelbournerealestate.com/2011/03/14/concil-rejects-36-level-russell-street-proposal-but-nearby-55-level-tower-will-proceed/' rel='bookmark' title='Permanent Link: Concil Rejects 36-Level Russell Street Proposal, But Nearby 55 Level Tower Will Proceed'>Concil Rejects 36-Level Russell Street Proposal, But Nearby 55 Level Tower Will Proceed</a></li>
<li><a href='http://mymelbournerealestate.com/2011/03/14/concil-rejects-36-level-russell-street-proposal-but-nearby-55-level-tower-will-proceed-2/' rel='bookmark' title='Permanent Link: Concil Rejects 36-Level Russell Street Proposal, But Nearby 55 Level Tower Will Proceed'>Concil Rejects 36-Level Russell Street Proposal, But Nearby 55 Level Tower Will Proceed</a></li>
</ol>]]></description>
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		<title>Gillon Group Acquires Brighton East Supersite</title>
		<link>http://mymelbournerealestate.com/2011/04/10/gillon-group-acquires-brighton-east-supersite/</link>
		<comments>http://mymelbournerealestate.com/2011/04/10/gillon-group-acquires-brighton-east-supersite/#comments</comments>
		<pubDate>Sun, 10 Apr 2011 12:57:49 +0000</pubDate>
		<dc:creator>admin</dc:creator>
				<category><![CDATA[Victoria Real Estate]]></category>
		<category><![CDATA[commercial]]></category>
		<category><![CDATA[residential]]></category>
		<category><![CDATA[victoria]]></category>

		<guid isPermaLink="false">http://mymelbournerealestate.com/2011/04/10/gillon-group-acquires-brighton-east-supersite/</guid>
		<description><![CDATA[ BAYSIDE developer Gillon Group has quietly acquired a supersite at one of the south-eastern suburb’s busiest corners. Gillon has negotiated with residential home owners, commercial property owners, VicRoads and the council to amalgamate some seven Brighton East lots into a 7500 square metre development site. At the north-west corner of Nepean Highway and South Road, the site incorporates Barr Street, and former public land. It plans to rebuild the site – opposite the Kingston City Hall and Moorabbin train station – into a $100 million-plus mixed-use village with around 200 apartments in what could be a seven level tower. Gillon has not disclosed the price it paid to buy and amalgamate the sites. Local agent sources however value the land at about $2000 per square metre, meaning Gillon’s block could fetch about $15 million if onsold.  [...]


Related posts:<ol><li><a href='http://mymelbournerealestate.com/2010/09/21/coles-group-buys-piece-of-major-brighton-mixed-use-village-melbourne/' rel='bookmark' title='Permanent Link: Coles Group Buys Piece of Major Brighton Mixed Use Village, Melbourne'>Coles Group Buys Piece of Major Brighton Mixed Use Village, Melbourne</a></li>
<li><a href='http://mymelbournerealestate.com/2010/09/21/costa-property-group-teams-with-integrated-development-to-deliver-40-million-village-near-geelong/' rel='bookmark' title='Permanent Link: Costa Property Group Teams with Integrated Development to Deliver $40 Million Village Near Geelong'>Costa Property Group Teams with Integrated Development to Deliver $40 Million Village Near Geelong</a></li>
<li><a href='http://mymelbournerealestate.com/2011/03/20/brad-green-to-sell-brighton-east-pad/' rel='bookmark' title='Permanent Link: Brad Green to Sell Brighton East Pad'>Brad Green to Sell Brighton East Pad</a></li>
</ol>]]></description>
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		<title>Prominent Brighton Pub to be Redeveloped as Flats</title>
		<link>http://mymelbournerealestate.com/2011/03/24/prominent-brighton-pub-to-be-redeveloped-as-flats/</link>
		<comments>http://mymelbournerealestate.com/2011/03/24/prominent-brighton-pub-to-be-redeveloped-as-flats/#comments</comments>
		<pubDate>Thu, 24 Mar 2011 04:00:58 +0000</pubDate>
		<dc:creator>admin</dc:creator>
				<category><![CDATA[Victoria Real Estate]]></category>
		<category><![CDATA[apartment]]></category>
		<category><![CDATA[clocktower]]></category>
		<category><![CDATA[residential]]></category>
		<category><![CDATA[result]]></category>

		<guid isPermaLink="false">http://mymelbournerealestate.com/2011/03/24/prominent-brighton-pub-to-be-redeveloped-as-flats/</guid>
		<description><![CDATA[ PLANS to redevelop Brighton’s historic Khyats Hotel into an apartment village are proceeding. The pub, at 21 – 25 Wilson Street, raised eyebrows in late 2009, after the Victorian Civil and Administrative Tribunal made the highly unusual decision not to raze the historic building, as part of a residential redevelopment. The Bayside council and former planning minister Justin Madden previously refused to put a heritage overlay over the hotel, which is opposite the Brighton Town Hall and Clocktower Theatre.  [...]


Related posts:<ol><li><a href='http://mymelbournerealestate.com/2010/07/18/maddens-clayton-development-one-step-closer/' rel='bookmark' title='Permanent Link: Madden&#8217;s Clayton Development One Step Closer'>Madden&#8217;s Clayton Development One Step Closer</a></li>
<li><a href='http://mymelbournerealestate.com/2010/09/16/planning-minister-justin-madden-approves-massive-upper-west-side-project/' rel='bookmark' title='Permanent Link: Planning Minister Justin Madden Approves Massive Upper West Side Project'>Planning Minister Justin Madden Approves Massive Upper West Side Project</a></li>
<li><a href='http://mymelbournerealestate.com/2010/10/27/prominent-brighton-mansion-former-home-of-olympian-ron-clarke-could-set-suburban-record/' rel='bookmark' title='Permanent Link: Prominent Brighton Mansion, Former Home of Olympian Ron Clarke, Could Set Suburban Record'>Prominent Brighton Mansion, Former Home of Olympian Ron Clarke, Could Set Suburban Record</a></li>
</ol>]]></description>
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		<title>VicRoads to Sell Major Craigieburn Residential Development Site</title>
		<link>http://mymelbournerealestate.com/2011/02/16/vicroads-to-sell-major-craigieburn-residential-development-site/</link>
		<comments>http://mymelbournerealestate.com/2011/02/16/vicroads-to-sell-major-craigieburn-residential-development-site/#comments</comments>
		<pubDate>Wed, 16 Feb 2011 04:00:02 +0000</pubDate>
		<dc:creator>admin</dc:creator>
				<category><![CDATA[Victoria Real Estate]]></category>
		<category><![CDATA[development]]></category>
		<category><![CDATA[kilometres]]></category>
		<category><![CDATA[residential]]></category>
		<category><![CDATA[victoria]]></category>

		<guid isPermaLink="false">http://mymelbournerealestate.com/2011/02/16/vicroads-to-sell-major-craigieburn-residential-development-site/</guid>
		<description><![CDATA[ VICROADS - whose days headquartered from dank offices in one of Melbourne’s ritziest suburbs are reportedly numbered – is expecting some $15 million from the sale of a 31.3 hectare residential development site on what is now Melbourne’s northern outskirts, but will soon be considered a middle-ring suburb. The Craigieburn site with a street address of 650 Hume Highway, is spread over two sides of the recently opened Hume Freeway*, which connects commuters to the Western Ring Road and the CBD in one direction, or the Metropolitan Ring Road, and a Greensborough traffic jam at the other. The Melbourne-Sydney railway line dissects the southern edge of both VicRoads sites, some 25 kilometres from town.  [...]


Related posts:<ol><li><a href='http://mymelbournerealestate.com/2010/11/18/china-based-developer-buys-major-st-kilda-road-development-site/' rel='bookmark' title='Permanent Link: China-Based Developer Buys Major St Kilda Road Development Site'>China-Based Developer Buys Major St Kilda Road Development Site</a></li>
<li><a href='http://mymelbournerealestate.com/2011/02/09/victorian-state-government-pays-21-million-for-riverfront-development-site-footscray/' rel='bookmark' title='Permanent Link: Victorian State Government Pays $21 Million For Riverfront Development Site, Footscray'>Victorian State Government Pays $21 Million For Riverfront Development Site, Footscray</a></li>
<li><a href='http://mymelbournerealestate.com/2010/12/20/another-victorian-caravan-park-offered-as-residential-development-site/' rel='bookmark' title='Permanent Link: Another Victorian Caravan Park Offered as Residential Development Site'>Another Victorian Caravan Park Offered as Residential Development Site</a></li>
</ol>]]></description>
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		<title>Deague Family to Sell Petrol Station Turned Development Site, Prahran</title>
		<link>http://mymelbournerealestate.com/2011/02/09/deague-family-to-sell-petrol-station-turned-development-site-prahran/</link>
		<comments>http://mymelbournerealestate.com/2011/02/09/deague-family-to-sell-petrol-station-turned-development-site-prahran/#comments</comments>
		<pubDate>Wed, 09 Feb 2011 12:58:11 +0000</pubDate>
		<dc:creator>admin</dc:creator>
				<category><![CDATA[Victoria Real Estate]]></category>
		<category><![CDATA[corporation]]></category>
		<category><![CDATA[development]]></category>
		<category><![CDATA[pacific]]></category>
		<category><![CDATA[residential]]></category>

		<guid isPermaLink="false">http://mymelbournerealestate.com/2011/02/09/deague-family-to-sell-petrol-station-turned-development-site-prahran/</guid>
		<description><![CDATA[ AFTER canning plans to develop a ritzy hotel, local development family the Deague’s are selling a petrol station-turned residential development site in Prahran. The small site, at the south-west corner of High and Thomas streets, is opposite Swinburne University’s Prahran campus, and walking distance to retail mecca Chapel Street – which commands the highest retail rents of any inner-city shopping strip. The Deagues purchased the 118 High Street site about four years ago with plans to build a hotel, the Larwill, as part of its “art” series chain. However, like many projects by the Deague family's Asian Pacific Building Corporation, it's been canned. The site is expected to sell at a premium given it now has a permit - prompting speculation the wealthy family is property speculating.  [...]


Related posts:<ol><li><a href='http://mymelbournerealestate.com/2011/03/29/schwartz-family-corporation-to-sell-499-st-kilda-road/' rel='bookmark' title='Permanent Link: Schwartz Family Corporation to Sell 499 St Kilda Road'>Schwartz Family Corporation to Sell 499 St Kilda Road</a></li>
<li><a href='http://mymelbournerealestate.com/2011/02/16/vicroads-to-sell-major-craigieburn-residential-development-site/' rel='bookmark' title='Permanent Link: VicRoads to Sell Major Craigieburn Residential Development Site'>VicRoads to Sell Major Craigieburn Residential Development Site</a></li>
<li><a href='http://mymelbournerealestate.com/2010/08/13/former-government-pound-hits-market-as-development-site/' rel='bookmark' title='Permanent Link: Former Government Pound Hits Market as Development Site'>Former Government Pound Hits Market as Development Site</a></li>
</ol>]]></description>
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		<title>Victorian State Government Pays $21 Million For Riverfront Development Site, Footscray</title>
		<link>http://mymelbournerealestate.com/2011/02/09/victorian-state-government-pays-21-million-for-riverfront-development-site-footscray/</link>
		<comments>http://mymelbournerealestate.com/2011/02/09/victorian-state-government-pays-21-million-for-riverfront-development-site-footscray/#comments</comments>
		<pubDate>Wed, 09 Feb 2011 12:33:20 +0000</pubDate>
		<dc:creator>admin</dc:creator>
				<category><![CDATA[Victoria Real Estate]]></category>
		<category><![CDATA[dealership]]></category>
		<category><![CDATA[development]]></category>
		<category><![CDATA[residential]]></category>
		<category><![CDATA[result]]></category>

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		<description><![CDATA[ AS PART of its push to ensure there is a 20 – 25 year supply of land available for residential development, the new state government’s development agency, VicUrban, has outmuscled developers for one of the western suburb’s most prominent future development sites. VicUrban is believed to be paying about $21 million for the outgoing Le Mans Toyota car dealership, overlooking the banks of the Maribyrnong River and at the suburb border of Footscray and West Melbourne. The 1.3 hectare site is opposite the Hopetoun Bridge, which connects Hopkins Street to Dynon Road, near Melbourne’s Market precinct.  [...]


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