10th January, 2007

Richex buys site in Melbourne's Biomedical Precinct

Asia Pacific Lawyers were pleased to advise Richex Holdings Pty Ltd on its acquisition of prime real estate in Heidelberg. The site is part of the State Government’s biomedical precinct under its Melbourne 2030 strategy. The development site has been granted a planning permit by the Victorian Civil and Administrative Tribunal to build eight medical suites and twenty-two one, two and three-bedroom apartments. Richex Holdings Pty Ltd has taken ownership of the 1200 sq metre site situated at 18-26 Bell Street in October 2006.

For more information, please refer to the newspaper articles “Developer buys health-hub site” and “Health project a real ‘no-brainer’ which can be found here.

19th September, 2006

Kinnears Home Building Information Centre

Recently our property law practice advised Evergreen Homes Pty Ltd on its acquisition of the historic 3.2 hectare Kinnears factory site on Ballarat Road , Footscray for over $20 million. The Purchasers are in the process of obtaining planning permits from the Maribyrnong City Council. The proposed redevelopment will stimulate employment opportunities for the community and inject new business with the focus on display centre for housing products and materials.

http://www.starnewsgroup.com.au/story/3091