Developer GURNER has acquired the development rights to a substantial 1,450sqm site in Hawksburn Village with plans to create a $60 million apartment complex.
The developer has entered into a joint venture agreement with the Escor Group - the Jack and Robert Smorgon family office - to develop the site, which the family acquired over the past 20 years, into approximately 40-45 luxury apartments.
The site at 162 - 164 Williams Road, Prahran, includes GURNER’s and Escor Group’s current office premises as well as a number of other buildings and represents one of the largest development opportunities in the Hawksburn Village precinct.
Once complete, the development will deliver between 40-45 apartments and commercial space at ground level, as well as a new, larger office space for both the expanding GURNER team and the Escor Group.
