The firm advised on the sale of Cranbourne Golf Course and on the Melbourn Square development
Arnold Bloch Leibler (ABL) has confirmed its role in two property deals: one involving the sale of Cranbourne Golf Course to ex-AFL player Fraser Brown’s Brown Property Group, and the other involving the Melbourne Square development.
The firm supported the owners of the golf course, which is located in Casey. Under the deal, the golf course will be developed into 1,000-1,500 dwellings, reported the AFR.
Construction is set to commence in mid-2026.
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Property and development partner Tyrone McCarthy and senior associate Grace Cho led the ABL team working on all aspects of the sale. They received support from banking and finance partner Stephen Sharp.
Melbourne Square development
Meanwhile, a team from ABL headed by partner Kevin Frawley and senior associate Michael Repse represented Malaysian property developer OSK Property in relation to the second stage of the Melbourne Square development located in Southbank.
Construction company Multiplex has been appointed by OSK to build the 74-storey residential tower BLVD Residences within the $3bn precinct. This will add 602 new apartments to the market; moreover, BLVD is among the first residential projects in the country to be registered for a WELL certification, ABL said.
ABL’s team handled the construction agreements for the development. Multiplex constructed the first two towers in Stage 1, and their work on the new tower is expected to be completed by early 2028.