Mandurah Syndicates MWRDP, WA

Mandurah Syndicates MWRDP

DESCRIPTION

The Mandurah Syndicates MWRDP comprises the masterplanned communities of Meadow Springs, Seascapes Village and Bridgewater. Mirvac Limited has a 20% ownership in the MWRDP. The developments are all located in the Mandurah metro area and provide amenity in the form of golf course lifestyle for Meadow Springs, coastal living for Seascapes Village and estuary residences for Bridgewater.

SUMMARY INFORMATION – 31 December 2011 
IN PROGRESS 
ACQUISITION DATEJun 071
LOCATIONMandurah
PROJECT VALUE (INCL. GST)$104m
TOTAL LOTS465
PROJECT PERIODmid 2007 – end 2013
OWNERSHIP STRUCTURE100% MWRDP
(Mirvac Limited 20%
equity interest)

UPDATE

Each project is actively being developed and targeted towards 1st, 2nd and 3rd homebuyers. Meadow Springs is expected to benefit from the soon to be opened Quarry Park and development is progressing at the retail site at Seascapes.

addresses

Meadow Springs
1 Glendale Street, Meadow Springs WA 6210

Seascapes Village
1 Boardwalk Boulevard, Seascapes WA 6210

Bridgewater
2 Bridgewater Boulevard, Erskine, WA 6210

1) TRANSACTION DATE.