Development

A service station underpinned by development approval in southern Sydney has been sold for the first time in more than 40 years.

Savills and JLL have sold the vacant site in the humming Haymarket precinct to an undisclosed purchaser, representing one of the largest vacant possession transactions in Sydney CBD in the last 12 months

Private developer, Bamfa Properties has submitted plans to the City of Yarra for a $350M, office project at 484-488 Swan Street, Burnley.

Leading Australian property fund manager Centennial has completed the strategic acquisition of three adjoining sites in Brisbane’s inner southern suburb of Willawong for a combined purchase price of $14.35M, in a joint venture with real estate investor and financier, MaxCap Group.

One of the best and last remaining development sites in one of Australia’s most sought-after lifestyle suburbs has sold for more than $9.3 million after attracting huge interest.

A business in the concrete industry has purchased an 8,095sqm property in Campbelltown for $11 million, following a hotly-contested auction.

A fascinating snapshot of Melbourne’s earliest history has been unearthed as part of archaeological investigation at the anticipated new mixed-use project in the heart of the Melbourne CBD, Bennetts Lane

Builder and developer Hillbrook has officially commenced construction on Arche, a Specialist Disability Accommodation (SDA) project located at 18 Anderson St, Werribee.

Premier global construction company Multiplex has reached a major construction milestone on S P Setia’s Sapphire by the Gardens development, ‘topping out’ both high-rise towers in the mixed-use precinct in Melbourne’s CBD.

Coronation Property has secured Development Approval for Ashbury Terraces with construction commencing on site imminently.

The property funds manager Castlerock has entered into a long-term lease agreement with the Victorian Government to deliver a state-of-the-art $49 million office building at 383 Nepean Highway, Frankston.

A vacant infill site close to Westmead Hospital in Sydney’s Northmead will be developed following its sale for $13.5 million.

Private developer DealCorp has just sold the final apartments at its $100million Glenarm Square project, which is set to transform a prominent site in Glen Iris into a residential and mixed-use precinct at the gateway to Gardiner Station.

A historic 16.5 acre parcel of land at 70 Eaton Road, Luddenham has sold for the first time in 152 years.

Development Application approval was granted for Sovereign Park’s 166 apartments and townhomes to support the growing Newcastle population, which is set to grow from 41,150 residents to 202,050 by 2041, stimulating demand for almost 20,000 new dwellings, according to the City of Newcastle.