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Hillview House site on the block again

Freehold vacant plot, zoned residential, asking $55m or $875 psf ppr

Published Mon, Apr 7, 2014 · 10:00 PM
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THE former Hillview House site is back on the market. The asking price for the freehold property, which is zoned for residential use, is $55 million. This

works out to $875 per square foot of potential gross floor area inclusive of an $18.2 million estimated development charge payable to the state.

This unit land price is believed to be similar to the last round, when the property was offered for sale through a tender exercise that closed last July.

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