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Mark Baljak's picture
#77

Lower rise in Montague

Another development site in the inner-city precinct to be known as Montague is close to sale, for about $3 million.

The 592 City Road site is at the southern edge of Montague and Fishermans Bend - a 240-hectare parcel recently rezoned by Mr Guy for intense, residential-based redevelopment. So far, plans for 21 apartment towers, the tallest rising more than 50 levels, have been submitted to replace the low-rise factories.

The Fishermans Bend planning process has been criticised - based on expensive research. The City of Port Phillip council wants a much lower density redevelopment than is eventuating.

If the ALP wins the 2014 state election, opposition planning spokesman Brian Tee said planning control of the land would revert to the Port Phillip and Melbourne councils.

Richard Curtain of selling agency Lemon Baxter said he expected an approximately 15-level residential tower would replace the 686-square-metre City Road site. A larger tower might not be possible given setback constraints, the block being opposite low-rise dwellings in Albert Park, Port Melbourne and South Melbourne.

Read more: http://www.theage.com.au/business/property/unbelievable-guy-goes-into-re...

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Nicholas Harrison's picture
#78

The drop in the Australia dollar should provide a sales boost to a number of developments in the pipeline and make it more likely that developments like Australia 108 and Queensbridge Tower will go ahead.

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Chris Peska's picture
#79

That's my read too. Property may go up as well as a result.

Observe. Design. Build. Live.

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Mark Baljak's picture
#80

St Kilda Rd office building up for grabs
June 26, 2013

Simon Johanson

The Melbourne-based Carter Group has put a five-level St Kilda Road office building with residential development potential on the market with hopes of $20 million.

The building at 450 St Kilda Road is between Toorak and Commercial roads, an area that in the past has attracted interest from residential developers.

Most of the squat concrete and glass structure was tenanted until 2016, said Colliers International's Nick Rathgeber, who is marketing the building with colleagues Tess Elliott and Brett Griffith.

''It's anticipated someone will knock it over in the near future and do a residential building,'' he said. The 2323-square-metre site fronts St Kilda Road and Queens Lane.
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Mr Rathgeber said residential development sites in St Kilda Road were rare. ''Active developers want to be as close to the city and botanic gardens as possible,'' he said. ''The property offers the luxury of a valuable holding income throughout the design and approval process, with vacant possession achievable by 2016.''

Read more: http://www.theage.com.au/business/property/st-kilda-rd-office-building-u...

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Mark Baljak's picture
#81

Plum shoots in the Jardin
June 26, 2013

Marc Pallisco

Developer Australand is continuing to profit from the plum land deal it brokered with the Bracks/Brumby government in 2002.

This weekend it will launch another apartment tower, Jardin Parkville, to replace a portion of prime land for years owned by the state government and occupied as a psychiatric hospital.

A spokesman for the developer said 21 of the 91 apartments within the proposed project on Cade Way, Parkville, have already been sold.

One-bedroom flats in Jardin Parkville start at about $370,000, about the price of a house in the area when the government tendered the land to developers 11 years ago.

Australand, with development partner Citta Property Group, beat two other developers to win the tender to transform the 20-hectare site into a village for 6000 athletes and officials before the 2006 Commonwealth Games.

After the Games the consortium transferred 200 units to the government for public housing. Half those are ''hostel type'' buildings where occupants share facilities.

Australand and Citta are transforming the balance of the Parkville site into a mix of apartments and townhouses. Jardin Parkville will include a residents-only ''Park Club'', an indoor-outdoor recreation retreat with a 25-metre heated lap pool, gym and free Wi-Fi internet. It will also include two and three-bedroom apartments.

Read more: http://www.theage.com.au/business/property/plum-shoots-in-the-jardin-201...

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Mark Baljak's picture
#82

Amcor mill site sells for $120 million

June 30, 2013

Karl Quinn

Read more: http://www.theage.com.au/victoria/amcor-mill-site-sells-for-120-million-...

Melbourne is set to gain a new inner-city mini suburb housing 3000, with the sale of Alphington's Amcor paper mill site on Heidelberg Road for $120 million, believed to be the highest sale price for a Victorian residential site.

Paper products company Amcor will announce on Monday that it has finalised a deal to sell the 16.5-hectare site to a consortium led by Alpha Partners and including Wesfarmers, the company that owns Coles and Bunnings.

Amcor first announced plans to sell it for redevelopment in 2008 but did not fully vacate the site until late last year, when it moved its paper-recycling business to a new $500 million facility in Sydney.

The site was rezoned for mixed use by the former Labor planning minister Justin Madden in 2009, when he approved plans for ''in excess of 2000 homes as well as retail, office and community facilities along the Yarra River''.
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It was marketed by Colliers in 2009 and again in 2011, and was expected to fetch $200 million.

But plans to rebirth the prime site, seven kilometres from the CBD, have not run smoothly.

Residents represented by the Alphington Paper Mill Action Group have argued for strict height controls, with towers limited to six storeys - roughly the same height as the existing industrial buildings - and those on street frontages limited to three storeys.

The City of Yarra largely agreed, releasing in mid-June a revised development plan overlay that outlined some key stipulations for any development on the site. They included:

■ Setbacks from the Yarra River.

■ Maximum building heights between two and eight storeys.

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Nicholas Harrison's picture
#83

An application has finally been submitted for the hotel/apartment tower development at the Palace Theatre (Metro) site on Bourke Street.

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Fedsquared's picture
#84

http://www.landsburys.com.au/DailyWrap/Vol-14--No-114

Melbourne CBD Residential Development Site Sold (AFR p.37)
Australia Post has sold a 2,764m² residential development site at 640 Bourke Street, Melbourne for $22 million ($7,959/m²) to an Asian developer after gaining planning approval for a $250 million residential tower.
The approval comprises a 42 level tower that will be constructed behind the historic brick façade fronting Bourke Street and will include 563 apartments, four ground level shops and 249 above-ground-level car parks.

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Paul_D's picture
#85

I'm sure it's been said already, but my head is literally spinning from all the current developments actually under construction, let alone those proposed.
Would it be correct that this level of development really is unprecedented? How lucky we get to experience it :)

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Mark Baljak's picture
#86

paul, going by the record 108 tower cranes up right now with plenty to come - indeed unprecedented.

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Chris Peska's picture
#87

Astounding!

Observe. Design. Build. Live.

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Mark Baljak's picture
#88

anything could happen here

AFR
Rezoned Yarraville site set to fetch $100 million

> A 23-hecare site in Melbourne’s inner west is expected to fetch more than $100 million, after it was listed by ­Melbourne property identity Colin De Lutis. The high-profile Bradmill denim factory site in Yarraville has already been rezoned to support residential development.

>Property pundits expect the site to comfortably sell for more than $100 million, and Mr De Lutis said he once turned down a $150 million offer because rezoning was incomplete at the time.

> In 2011, the 26-hectare Bradmill site was rezoned to residential and mixed-use. Of that, 24.3 hectares will be sold. Mr De Lutis will retain the remaining portion, which has plans for a 10,000-square metre neighbourhood ­shopping centre, including a 800-square metre library.

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Martin Mankowski's picture
#89

Saw some renders for this a few years ago. Apparently its gonna be mainly mid density townhouse type stuff similar to the recently completed Bunbury Villiage development on the old Beaurepaire site in West Footscray.

The iconic mill building you can see from the West Gate Freeway just before the bridge was gonna stay and be turned into some sort of community centre.

http://www.maribyrnong.vic.gov.au/Files/Concept_Flyer_Bradmill_Precinct_...

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Peter Maltezos's picture
#90

http://www.theage.com.au/victoria/sole-residents-soon-to-have-4000-neighbours-20130704-2peuf.html

 

From The Age

Sole residents soon to have 4000 neighbours

July 5, 2013

Karl Quin

For years, Ralph Dunstone, 61, has been a man without neighbours. But soon he could have lots of them. ''About 4000, actually,'' he said.

 

RESIDENTIAL | news & discussion, concepts & unbuilt projects

Mr Dunstone's home which is the only remaining property on the Amcor recycling plant site.

I collect, therefore I am. thecollectormm.com.au

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Chris Peska's picture
#91

Celtic club has been sold to Buildcorp

http://www.theage.com.au/victoria/historic-celtic-club-sells-site-for-12...

Mark, have you got the render for the proposed tower handy? cheers.

Observe. Design. Build. Live.

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Mark Baljak's picture
#92

potential design for remainder of infinity site next to vic market. no longer hotel, purely apartments

RESIDENTIAL | news & discussion, concepts & unbuilt projects

RESIDENTIAL | news & discussion, concepts & unbuilt projects

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Nicholas Harrison's picture
#93

140 King Street is on the market as a development site:

RESIDENTIAL | news & discussion, concepts & unbuilt projects

RESIDENTIAL | news & discussion, concepts & unbuilt projects

RESIDENTIAL | news & discussion, concepts & unbuilt projects

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Alastair Taylor's picture
#94

One to watch

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Mark Baljak's picture
#95

* Being offered with a 351 apartment mixed used development scheme
from BatesSmart Architects

this even have a planning application anywhere?

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Mark Baljak's picture
#96

anyone know what's occuring at MCG Hotel East Melb next to Hilton, currently being demolished (except for facade). Was once the site of 15 level proposed apartment block by Thakral

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Mark Baljak's picture
#97

Developer Banco Group is understood to have sold a major development site at the top of town for $23 million. The 97-105 Franklin Street block, identified as a low-rise commercial building, is expected to make way for at least one major residential skyscraper, though the new owner's plans for the site are not yet known. Nor is their identity.
Reaching for the sky at top-of-town site
July 13, 2013

The block is almost next door to the former Stork Hotel site at 500 Elizabeth Street, which developer Brady Group bought at a frenetic auction in 2008 - famously paying almost twice the price the property was expected to sell for. Brady later was permitted to build a landmark, 67-level, 471-unit complex on the Stork site.

Banco Group was also expected to build an apartment tower on its site in a pocket of town where low-rise commercial buildings are increasingly being replaced with skyscrapers. CBRE's Mark Wizel is understood to have sold the property this time around in an off-market deal.

A Banco representative was unavailable for comment.

Read more: http://www.theage.com.au/business/property/reaching-for-the-sky-at-topof...

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Mark Baljak's picture
#98

likely second mammoth empire project for melbourne, 398-406 Elizabeth Street lodged

http://dsewebapps.dse.vic.gov.au/DSE/Planning/PHBPPAT.nsf/InternetAppLis...

Demolish the existing building; construction of a 55 storey building for mixed use development
Date Received 15/07/2013

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Mark Baljak's picture
#99

AT38
RESIDENTIAL | news & discussion, concepts & unbuilt projects

RESIDENTIAL | news & discussion, concepts & unbuilt projects

Essence
RESIDENTIAL | news & discussion, concepts & unbuilt projects

RESIDENTIAL | news & discussion, concepts & unbuilt projects

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Paul_D's picture
#100

Can't see a St Kilda Rd thread so guess it goes here?

Back of 50 Albert and Albert Tower

RESIDENTIAL | news & discussion, concepts & unbuilt projects

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Mark Baljak's picture
#101

77 queens road concept image, site for sale through colliers

RESIDENTIAL | news & discussion, concepts & unbuilt projects

RESIDENTIAL | news & discussion, concepts & unbuilt projects

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