Development Update

Lot 3 - sold

Albany’s redeveloped Waterfront has moved a step closer to build-out following the sale of Lot 3, which is zoned for hotel, short stay and ground floor mixed uses.

Located adjacent to the east side of the Albany Entertainment Centre, Lot 3 overlooks the Marina, with the Albany Waterfront pedestrian bridge connecting the foreshore to the CBD.

Conditions of sale stipulate that building construction must commence within 3 years, with completion within 5 years.