Waverley Park is a masterplanned community located in the South Eastern suburb of Mulgrave, approximately 23 kilometres from the Melbourne CBD. The site was previously an Australia Rule Football venue. The oval and a portion of the stadium have been retained and converted into a retail precinct, now home to the Hawthorn Football Club. The site is over 80 hectares.
SUMMARY INFORMATION – 31 December 2011 | ||
---|---|---|
IN PROGRESS | ||
ACQUISITION DATE | Dec 011 | |
LOCATION | Mulgrave | |
PROJECT VALUE (INCL. GST) | $626m | |
TOTAL LOTS | 1,158 | |
PROJECT PERIOD | mid 2002 – early 2016 | |
OWNERSHIP STRUCTURE | 100% Mirvac Limited |
The project was launched in 2003. Housing construction on Stages 10 and 12 are scheduled for completion in July 2012 and construction of the first homes in Stage 8 commenced in December 2011. In early 2012 Waverley Park reached the 1,000 sales milestone.
1) Transaction date.