Commercial Property Development News

A dairy farm on Melbourne’s southeastern fringe will be turned into a housing estate guided by COVID era living over the next nine years.

The founder of the collapsed investment house Mayfair 101, James Mawhinney, vows his ambitious plans to redevelop Dunk Island, along with much of the North Queensland’s Mission Beach, will proceed thanks to a new group of investors.

The Bond family, which has seized control of Dunk Island from troubled investment house Mayfair 101, could put it back up for sale as ambitious plans to convert it into a $1.5bn tourism mecca have all but collapsed.

Central, the technology precinct emerging around Sydney’s Central Station, has taken a forward step with top local and international architects appointed to build a $2.5bn project for Dexus and Frasers.

COVID-19 has transformed aged-care facilities across Melbourne into a place few would want to call home.

A 6.32ha senior living development blocked by the NSW Land and Environment Court in 2018 is back on the market with new DA approved plans.

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.

Multi-billionaire Harry Triguboff has stopped construction of a serviced apartment tower in the heart of Melbourne and ditched plans for the development of others towers in Canberra and the western Sydney hub of Liverpool, saying it is too risky to pursue further hotel projects at this time.

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