Sirius building land in Sydney's Rocks sees valuation drop from $155M to $88M amid dispute.

The valuation of the Sirius building land in Sydney's Rocks has been slashed from $155 million to $88 million due to a dispute between the NSW Valuer General and a property developer. The site, sold by the NSW government in 2019 for $150 million to JDH Capital, was redeveloped into 76 luxury apartments. The project has sparked controversy over the loss of social housing.

November 25, 2024
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