Friday 5 November 2010

Potts Hill. $31.6 million project for 450 homes

The NSW government has approved a $31.6 million residential subdivision at Potts Hill that will increase housing supply and affordability in Sydney’s west. The Landcom project will deliver 450 homes on part of the 23-hectare site. The Potts Hill reservoirs site has been used by Sydney Water for more than 100 years and plays a role in supplying water to Sydney. Sydney Water no longer requires portions of the site for operational purposes.

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Blue Mountains. Multiple awards winner

Joe Mercieca Constructions Pty Ltd, the builder of Blue Eco Homes, has received an Excellence in Housing Award from the Master Builders Association of NSW for a project at Mt Victoria. The company also won the 2010 HIA Greensmart Award (National Winner for Water Efficiency), the MBA New South Wales Award for Contract Homes and Environmental management, and the Blue Mountains Business Advantage Environmental Best Practice Award.

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Penrith. Westfield objects to $800m project

ING Real Estate and Panthers Group plan to develop an $800 million project including office, retail, housing and hotel accommodation in Mulgoa and Jamison roads Westfield which has a shopping centre in the CBD. has objected to the project as being “inconsistant” with Penrith City Council’s strategic planning policies.

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Norwest. Eight suites sold for $1.75 million

Eight strata office suites, totalling 607 square metres, in the Nexus building in the Norwest Business Park have been sold in one line for $1.75 million. Savills sold the property on behalf of receivers and managers Deloitte Australia, according to The Australian Financial Review.

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