Maddocks advises developer on key Melbourne property acquisition
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.
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.’
Maddocks is a proudly independent Australian law firm that works closely with corporations, businesses and governments throughout Australia and internationally. We advise national and international clients across the built environment, education, government, healthcare and technology sectors, from our Canberra, Melbourne and Sydney offices. Our specialist expertise includes dispute resolution and litigation, employment and safety, financial services, franchising and insolvency.
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