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Michael Walls
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$260M DEVELOPMENT APPROVED
GREATON (formerly Zhengtang Group) has received development approval for its $260 million Oxford Central project including 254 apartments, at 30 – 42 Oxford Street, Epping. Greaton, which purchased the 5170 square-metre site from Grocon in January 2016, expects to start construction in January 2017.
SICILIAN SITE TO BE AUCTIONED
THE Sicilian restaurant site, at 292-298 Church Street in the Parramatta CBD will be auctioned on October 18. The site area is 789 square metres and zoned B4 Mixed-Use. The property has a gross income of $400,000 annually.
500 NEW JOBS CREATED
THE NSW government has approved a proposal to amend planning rules to rezone around 47 hectares of land at Mamre West, from rural use to be used for industrial employment purposes paving the way for up to around 500 new jobs for Western Sydney. The land is near the proposed Western Sydney Airport.