Aug 4, 2026 – 5.23pmBuyers in what was to be Australia’s tallest apartment project in Melbourne’s Southbank have no certainty yet for the return of their $57 million in deposits despite receivers selling one of two sites in the failed $2.7 billion project to a separate developer for $26 million.The two separate sites comprised one development site for the proposed skyscraper, STHBNK by Beulah.Subscribe to gift this articleGift 5 articles to anyone you choose each month when you subscribe.Subscribe nowAlready a subscriber? Fetching latest articles
Australia’s tallest apartment building site carved up in receiver sale
The $26 million sale of the 1515-square-metre site to a build-to-rent developer ends any hope of the failed STHBNK by Beulah project being built.
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