Meriton Buys Olympic Park Site

BILLIONAIRE developer Harry Triguboff has bought a raw site in Sydney Olympic Park for a 300-unit apartment complex development, attracted to the sporting precinct because of the 120 companies permanently located there and the more than 10,000 employees it draws each day.

The Meriton Apartments boss — who is developing more than 2000 units in Sydney at present — is believed to have bought the 15,000sq m site in the precinct for more than $22 million because of the views over the Bicentennial Parklands as well as its strong public transport links.

Article written by Lisa Allen,
The Australian