Pace Developments Pays $5.1 Million For Collection of St Kilda Buildings, Apartments Planned

BRIGHTON-based builder Pace Developments has paid $5.1 million for a collection of offices and warehouses overlooking Dandenong Road.
 
The 11 – 17 Wellington Street properties cover 1,250 square metres, and offer a second street frontage to Nelson Street.
 
The six buildings on the site will be demolished and replaced with a six-level apartment tower with more than 100 units, offering views over Albert Park Lake toward Port Phillip Bay and the CBD.

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Posted originally: 2009-12-15 16:37:00

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