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Growland Group buying 143-hectare Werribee farm

People & Companies / Latest News

Australia

Aug 05 2017

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Marc Pallisco, The Sydney Morning Herald

Growland Group, a local developer backed by Asian investors, has entered into exclusive negotiations with a Melbourne family to buy an enormous Werribee farm, not yet zoned for residential redevelopment, for a speculated price of more than $30 million.

The 143-hectare property on Bulban Road, about 45 kilometres from the GPO, is at the western most edge of the suburb. The farm across the fence is classified as Mambourin (though developers using this postcode, 3024, also promote it as Wyndham Vale and Manor Lakes, among other names).

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

SOURCE: The Sydney Morning Herald

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