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Housing mooted for Bundoora quarry following expected $70m deal

Invest / Development Finance

Australia

Feb 10 2018

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Marc Pallisco, The Sydney Morning Herald

A former Bundoora quarry, marketed as an infill residential redevelopment opportunity, is speculated to be selling for about $70 million.

The 46 hectare site at 149 McImmes Road, about 15 kilometres north of the CBD, is the third major metropolitan quarry to trade in the past two years, following the sale of the 9.2 hectare ex-Norvel Road clay pit in Ferntree Gully to Chinese investors.

Go to The Sydney Morning Herald and read the full story.

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