The city’s record number of proposed skyscrapers shows no sign of slowing as interests associated with Melbourne’s largest private apartment developer Central Equity lodge plans for another 50-level tower in Southbank.
If the 165 metre high-rise block at 54-68 Kavanagh Street comes to fruition, it will bring the number of dwellings planned for the suburb to 3350.
Across the border in Fishermans Bend, a further 8382 dwellings are waiting approval.
Read more: http://www.smh.com.au/business/southbank-tower-boom-going-strong-20141017-117ri8.html#ixzz3GmxIJJGl
DISCLAIMER: This disclaimer is a requirement of the Securities Industry Legislation Act. The writer of this article is not a practicing lawyer or financier. The information, statements and opinions expressed are intended only as a guide as to some of the important considerations to be taken into account relating to property investment. I strongly suggest that you consult with licensed professionals such as accountants, Lawyers, Valuers, Development Consultants, Quantity Surveyors and others, BEFORE signing any contracts or other binding documents.