Wee Hur to turn vacant Melbourne building into student housing
Larry SchlesingerReporter
Updated
Listed Singaporean developer Wee Hur has paid $35 million for a vacant Melbourne commercial building that it will develop into high-rise student accommodation.
The three-storey brick and concrete building with a ground floor warehouse at 185 A'Beckett Street, built in 1938, stands on a large 1029-square-metre site and has a permit for a multi-storey tower with 300 units.
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Larry Schlesinger writes on real estate, specialising in commercial and residential property. Larry is based in our Melbourne newsroom. Connect with Larry on Twitter. Email Larry at larry.schlesinger@afr.com
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