Melbourne's most expensive park: public pays $19m to developer who paid $4m

By Clay Lucas
Updated November 25 2015 - 3:08pm, first published 2:18pm
The new plan for Melbourne's most expensive park.
The new plan for Melbourne's most expensive park.
Pitzy Folk at the warehouse earmarked for a park Photo: Angela Wylie
Pitzy Folk at the warehouse earmarked for a park Photo: Angela Wylie
The twin towers, in the bottom centre of this artists impression, were planned for 2-4 Buckhurst Street, South Melbourne.
The twin towers, in the bottom centre of this artists impression, were planned for 2-4 Buckhurst Street, South Melbourne.

Welcome to Melbourne's most expensive park: a one-acre playground to be created in South Melbourne that, thanks to Opposition leader Matthew Guy's rezoning of the Fishermans Bend urban renewal area, will cost taxpayers $14 million more than its owner paid for it.

Subscribe now for unlimited access.

$0/

(min cost $0)

or signup to continue reading

See subscription options

Get the latest Warrnambool news in your inbox

Sign up for our newsletter to stay up to date.

We care about the protection of your data. Read our Privacy Policy.