TWT to JV with Allen Linz on Mill Hill Hotel, Bondi Junction redevelopment

TWT to JV with Allen Linz on Mill Hill Hotel, Bondi Junction redevelopment
Jonathan ChancellorNovember 22, 2016

The Sydney developer TWT Property Group has reportedly taken a majority stake in the $40 million amalgamated five-lot residential site including the Mill Hill Hotel at Bondi Junction (above) in Sydney's east.

TWT will develop the site at 59-69 Oxford Street, which comes with a development approval for a mixed residential/commercial project with 70 apartments with original owner, Allen Linz's Rebel Property Group, according to the Australian Financial Review.

It includes heritage conservation works for four commercial terraces at 63-69 Oxford Street. 

TWT and Rebel will develop the 12-storey residential tower with a ground floor public hotel and three levels of basement car parking as a full-equity project.

TWT is formerly known as Auswin TWT.

Jonathan Chancellor

Jonathan Chancellor is one of Australia's most respected property journalists, having been at the top of the game since the early 1980s. Jonathan co-founded the property industry website Property Observer and has written for national and international publications.

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