{"id":1004126434,"date":"2015-08-31T06:05:30","date_gmt":"2015-08-31T14:05:30","guid":{"rendered":"https:\/\/www.commercialsearch.com\/news\/?p=1004126434"},"modified":"2022-12-04T15:41:17","modified_gmt":"2022-12-04T23:41:17","slug":"golden-age-spreads-the-gold-in-sydney-suburb","status":"publish","type":"post","link":"https:\/\/www.commercialsearch.com\/news\/golden-age-spreads-the-gold-in-sydney-suburb\/","title":{"rendered":"Golden Age Spreads the Gold in Sydney Suburb"},"content":{"rendered":"<div id=\"attachment_1004126436\" style=\"width: 143px\" class=\"wp-caption alignright\"><a href=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2015\/08\/getimage.jpg\"><img loading=\"lazy\" decoding=\"async\" aria-describedby=\"caption-attachment-1004126436\" data-attachment-id=\"1004126436\" data-permalink=\"https:\/\/www.commercialsearch.com\/news\/golden-age-spreads-the-gold-in-sydney-suburb\/getimage\/\" data-orig-file=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2015\/08\/getimage.jpg\" data-orig-size=\"133,94\" data-comments-opened=\"1\" data-image-meta=\"{&quot;aperture&quot;:&quot;0&quot;,&quot;credit&quot;:&quot;&quot;,&quot;camera&quot;:&quot;&quot;,&quot;caption&quot;:&quot;&quot;,&quot;created_timestamp&quot;:&quot;0&quot;,&quot;copyright&quot;:&quot;&quot;,&quot;focal_length&quot;:&quot;0&quot;,&quot;iso&quot;:&quot;0&quot;,&quot;shutter_speed&quot;:&quot;0&quot;,&quot;title&quot;:&quot;&quot;,&quot;orientation&quot;:&quot;0&quot;}\" data-image-title=\"getimage\" data-image-description=\"\" data-image-caption=\"\" data-large-file=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2015\/08\/getimage.jpg?w=133\" class=\"wp-image-1004126436 size-full\" src=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2015\/08\/getimage.jpg\" alt=\"Jeff Xu\" width=\"133\" height=\"94\" \/><\/a><p id=\"caption-attachment-1004126436\" class=\"wp-caption-text\">Jeff Xu, Golden Age Group<\/p><\/div>\n<p><em>By Alex Girda, Associate Editor<\/em><\/p>\n<p>A Melbourne developer is aggressively expanding its operations in Sydney, following the company\u2019s third acquisition in less than a year. Golden Age Group purchased two neighboring sites in Double Bay for around $18 million in an off-market deal from an undisclosed private vendor.<\/p>\n<p>Located at 315-317 and 321 New South Head Road, the development site offers proximity to the Double Bay waterside and the Edgecliff Train Station. The two sites total 0.5 acres of land, one of the last development opportunities in the area. Known for its affluence, the Double Bay suburb presents demand for the upscale multi-family segment.<\/p>\n<p>Golden Age Group Managing Director Jeff Xu pointed out that the acquisition \u201csupports our drive to continue to expand our national footprint by targeting the best inner city locations that support high quality residential development.\u201d<\/p>\n<p>The two residential buildings that currently occupy the sites will most likely be replaced by a luxury boutique development. Golden Age maintains an active development slate in Sydney while also lining up other ventures in Melbourne. The developer recently unveiled the Op\u00e8ra at 450 St Kilda Road and Collins House at 466 Collins St., two upscale communities in its hometown.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>A Melbourne developer is aggressively expanding its operations in Sydney, following the company\u2019s third acquisition in less than a year. <\/p>\n","protected":false},"author":952,"featured_media":1004126436,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[16,21783,21742],"tags":[],"class_list":["post-1004126434","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-international","category-investment","category-latest"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v23.4 (Yoast SEO v24.6) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Golden Age Spreads the Gold in Sydney Suburb - 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