Cedar Woods snaps up Melbourne development site

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Cedar Woods has purchased a site in Melbourne’s inner suburb of Fairfield for $50m on deferred payment terms...

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The Perth-based developer plans to develop a 300-unit midrise apartment project on the 11,600 sq m property...

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The site, 4km from Melbourne’s CBD, has 200m of direct frontage to Fairfield Park and is between the...

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The apartments will be built in multiple stages, withthe first expected to settle in 2029. Sales are slated to...

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Cedar Woods bought the land from a private vendor. Payments will be made in 2027 and 2028 and...

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