R.Corp makes West Brunswick acquisition, with residential plans

R.Corp makes West Brunswick acquisition, with residential plans
R.Corp makes West Brunswick acquisition, with residential plans

Melbourne-based development company R.Corporation has acquired a 7,620 square metre former textiles factory site in West Brunswick.

The site, at 8 Olive York Way, West Brunswick, has been vacant since 2000 and is six kilometres from the CBD.

The amenity, direct aspect to transport and Citylink, and the characteristics of the neighbourhood, were noted as reasons for the acquisition, particularly as the latest Census 2011 notes that 30% of Brunswick West residents catch public transport, primarily the tram system.

R.Corp, who developed Clara South Yarra, are expected to imitate their previous project.

This new site is adjacent to 1.4 acres of parkland, which are subject to a $300,000 upgrade by council.

At present they are in development planning stage for what is expected to be called The York, and include one and two bedroom apartments.

Jennifer Duke

Jennifer Duke

Jennifer Duke was a property writer at Property Observer

Tags: 
New Developments Melbourne

Community Discussion

Be the first one to comment on this article
What would you like to say about this project?