Albion
The contracted builder is licensed and experienced, having completed similar residential jobs since establishment. The development is also well insured.
Project Description
Project Location
The residential development is in a small, well-established residential suburb in Melbourne.
The property is located within a kilometre of a train station and shopping centre. The surrounding area is composed of low-density residential housing with some sites approved for medium density housing.
Project Development
Three affordable 3-bedroom townhouses will be built. No properties were pre-sold as the Sponsor intends to retain the properties to rent out and will re-finance the construction debt upon completion.
Planning approval has been obtained and the required start and end dates for construction are October 2023 and October 2025 respectively.
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Landen Construction Note
Broadmeadows
Mittagong
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