Albion

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.