Kingswood Golf Course sale edges closer to the pin

Kingswood Golf Course sale edges closer to the pin
Jonathan ChancellorJuly 9, 2014

Mirvac, Cedar Woods and WA-based Satterley Property Group have been pinpointed as short-listed prospects to develop the Kingswood Golf Course site in DINGLEY VILLAGE in Melbourne’s south-east.

The 53.4-hectare site has a capacity for about 700 dwellings.

The Australian Financial Review puts its likely sale price as close to $100 million.

The sale is being handled by Ernst & Young.

Jonathan Chancellor

Jonathan Chancellor is one of Australia's most respected property journalists, having been at the top of the game since the early 1980s. Jonathan co-founded the property industry website Property Observer and has written for national and international publications.