Developers battle over land close to Melbourne CBD


RESIDENTIAL developers are tussling with industrial and commercial investors in Melbourne’s inner west as demand hots up for land close to the central business district.

In the firing line are Yarraville, Footscray, Brooklyn, Spotswood and Altona North.

Nathan Bingham, head of Colliers International’s Melbourne West office, said Melbourne’s population growth would drive much residential zoning over the next couple of years.

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Source: Philip Hopkins – Business today
August 18, 2010