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Mirvac pays $310 million for Birkenhead Point Shopping Centre

Mirvac Group has bought the Birkenhead Point Shopping Centre and Marina on the edge of the Sydney CBD for $310 million, and will examine the site’s potential for more than 220 waterfront apartments.

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Mirvac Group has bought the Birkenhead Point Shopping Centre and Marina, at Drummoyne on the Parramatta River west of the Sydney CBD, for $310 million.

Mirvac will continue the current upgrade and examine the site’s potential for more than 220 waterfront apartments.

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Mercedes Ruehl writes on real estate specialising in sales, leasing and residential properties. Connect with Mercedes on Twitter.

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    Original URL: https://www.afr.com/real-estate/commercial/sales/mirvac-pays-310-million-for-birkenhead-point-shopping-centre-20141009-11cd5l