Pyrmont was once the industrial hub of Sydney, but now is given to stylish cafes, bars and restaurants, ultra-modern offices, and high quality residential stock.
Melbourne CBD developers are looking to diversify to areas where returns are more certain, there is reduced risk, fewer days on market, and lower costs per sale.
Rather than asset classes having to independently compete against each other in silos to generate the highest return, a mixed-use project enables different property types to work together and collaboratively deliver maximum value.