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  • $100m development boost

    Riverstown developments plans to develop over 200 acres of Glanmire Park on Woods Road, creating upto 1000 residential lots, a retirement village and more commercial land along the Murray Valley Highway. The land had been in the Gorman family since 1973, and was sold by Ray White Land Sales via … Read more

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  • Frankston South infill fetches $9.75m

    One of Frankston South’s last remaining acreages set on 5.28ha at 86-88 Stotts Lane recently set a new suburb price record of $9.75 million. The allotment, which has residential zoning, is expected to be developed into housing blocks by the new owners, Pask Group. That property was listed in March last year … Read more

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  • Consortium spends c$14m for Wallan South residential site

    A consortium is paying c$14 million for a future residential housing estate in Wallan South. 90 Rowes Lane Wallan has the potential to be subdivided into about 300 lots. Ray White Land Sales director Adrian Petroulis said the property was sold within a matter of weeks, having had strong interest … Read more

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  • Growland sells Tarneit infill to Charles Lloyd PG

    Chinese back developer Growland have offloaded their 4.8Ha infill in Tarneit to local developer Charles Lloyd Property Group. The development site, located on Tarneit Road has a permit in place for 66 lots and a medium density lot. The deal was brokered between the two developers by Ray White Land … Read more

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  • Future employment site fetches $4.15m

    A Sydney investor is paying $4.15m for a 23.8 hectare Parwan farm. The deal was brokered by Ray White Land Sales via a public tender. “The property holds good long term prospects with the Parwan employment precinct having already commenced” said Ray White director Adrian Petroulis. The site has extensive … Read more

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