innovative & cutting edge core projects exhibits ‘mosaic’ development project

innovative & cutting edge core projects exhibits ‘mosaic’ development project


February 2016
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Innovative & Cutting Edge Core Projects Exhibits ‘Mosaic’ Development Project

Core Projects, a rapidly evolving development and project marketing firm based in Melbourne have listed twin land holdings in Lalor that feature approved plans and permits for 76 residences. 

The adjacent sites, Block A and Block B, boast land areas of 2395sqm with 45 residences and 1810sqm with 31 residences respectively, whilst a third block that is currently under construction will feature a retail and childcare precinct to cater for future residents.

The attractive community hub will additionally see two AFL-sized ovals built within a stone’s throw of the development, whilst future residents will also be encouraged to utilise a Municipal reserve with a playground and BBQ facilities - ideal for young parents to raise their families with an abundance of amenities on their doorstep.

Data sourced from Core Logic RP Data highlights a median unit price of $327,000, whilst investors can expect yields of 5% and above - creating a twin demographic of young families and investors alike. 

For further information, please visit:

http://developmentready.com.au/properties/block-a-block-b-mosaic-apartments-53-gillwell-road-lalor-vic-3075