Property developer Lang Walker has bought 56.7 hectares of land near Maitland in the NSW Hunter Valley, hoping to tap into rising demand for housing as a result of coalmining in the area.
He plans to build up to 400 houses, to a value of more than $200 million, on the land at Gillieston Heights.
Mr Walker, known for making counter-cyclical investments, recently announced a joint venture to develop a waterfront site on the NSW mid-north coast, where market conditions have been weak since the financial crisis.Readmore
He plans to build up to 400 houses, to a value of more than $200 million, on the land at Gillieston Heights.
Mr Walker, known for making counter-cyclical investments, recently announced a joint venture to develop a waterfront site on the NSW mid-north coast, where market conditions have been weak since the financial crisis.Readmore
Well done John http://haysonrealestate.blogspot.in/
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