Development site

The owners of the iconic former headquarters of pharmaceutical giant Roche on Sydney’s northern beaches have won council approval for a $44 million redevelopment of the site.

Mixed use development options that could be open to buyers are driving interest in a Charlemont property.

Investors are continuing to seek assets with development upside, with a number of potential development sites featuring amongst Australia’s most-viewed commercial properties.

Seven silos connected to those beneath Melbourne’s iconic Nylex Clock are being prepared for “a pretty careful bit of demolition” — by a robot named The Punisher.

Melbourne’s constructions sites have not been spared under the new Stage 4 restrictions announced this week.

A second Northcote development site linked to former Melbourne footballer Clint Bartram is being sold under mortgagee instruction.

The powerful construction industry is pushing for major projects in Melbourne to remain open as the Victorian government prepares to impose strict rules on business amid fears a harsh shutdown could lead to a deep recession.

The buyer of a major Sydney development site, with views to the Sydney Harbour Bridge, Cook + Phillip Park and St Mary’s Cathedral, says he is not concerned about COVID-19 and its substantial affect on apartment development sentiment.

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