Media Releases
Maddocks advises developer on key Melbourne property acquisition
• 28 September 2021
• 1 min read
Maddocks has advised Metro Property Developments on the purchase of a landmark site in Melbourne’s inner-southeast.
Under the deal, Metro Property Developments has bought the Bentleigh Club from the Melbourne Football Club for $23.7 million. The Melbourne Football Club has owned the site since 2011. The venue will be closed and the land, covering 33 Yawla Street and 32-46 Huntley Road in Bentleigh, will be redeveloped for residential use.
The Maddocks team on the matter was Development partner Bettina Sheeran and senior associate Alexandra Yorston.
Bettina said Maddocks was pleased to advise Metro Property Developments on its latest strategic purchase.
‘We highly value the relationship we have with Metro Property Developments and are proud to be assisting David Steele and Luke Hartman on another strategic Melbourne acquisition.’
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