Market News

Fishermans Bend – New Planning Controls

The Victorian Government has just released the framework for the Fisherman’s Bend precinct. Featuring all new updates to building heights, transport and density. Click the button below to view the report. VIEW REPORT

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Victoria Police Pays $23m For South Melbourne Supersite

Victoria Police has out muscled “many major developers in the city”, according to sources, to snare a South Melbourne island site held for 50 years by electrical wholesaler L&H. The state government is paying $23 million for 142 Dorcas Street,…

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South Melboure Urban Planning

Another major commercial development is planned for a South Melbourne super site. Marketed last year as Ensemble, the 4,693 square metre development opportunity holds four street frontages and spanned ten separate titles. Directly opposite South Melbourne Market, 80-84 Cecil Street is formally at planning…

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Surban Rail Loop

It’s a tiny line on a map that appears to hint at something bigger: the possibility of a third underground rail through the city by 2051. Maps of Melbourne’s future rail network released by the Andrews government showing the $50…

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Grocon To Bring Major Build-To-Rent To Heart Of Melbourne

Construction and development company Grocon is set to bring a major build-to-rent project to the heart of Melbourne’s Southbank with more than 400 apartments for executive-style tenants. Grocon has purchased a $35 million site at 256-266 City Road, Southbank, in…

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Investor Snaps Up 14 Docklands Offices In A Row For $3.81m

Docklands: Melbourne-based investor JAK Investment Group has paid $3.81 million for 14 office suites at 425 Docklands Drive in a deal negotiated by Lemon Baxter’s Paul O’Sullivan. The units, next to Harbourtown Shopping Centre, were originally developed by ING in 2005…

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