The site is located in the inner western suburbs approximately 2.5 kilometres from the Sydney CBD and is surrounded by the suburbs of Glebe, Annandale and Forest Lodge. The location is one of the sites key attributes as it has close proximity to:
SUMMARY INFORMATION – 31 December 2011 | ||
---|---|---|
IN PROGRESS | ||
ACQUISITION DATE | Dec 10 1 | |
LOCATION | Glebe | |
PROJECT VALUE (INCL. GST) | $260m | |
TOTAL LOTS | 296 | |
PROJECT PERIOD (CALENDAR YEAR) | early 2012 – mid 2019 | |
OWNERSHIP STRUCTURE | 100% Mirvac Limited |
Mirvac's proposed scheme incorporates approximately 1,250 medium density dwellings, adaptive reuse of the former Rozelle Tram depot, and will include the dedication of 3.8 hectares of public open space to the City of Sydney Council.
Development of the site is scheduled to commence in early 2012, with settlements forecast from financial year 2014.
1) DATE OPTION ENTERED INTO, SETTLEMENT OCCURRED JULY 2011