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Kestelman has big $20m budget for Southbank site

Kestelman has big $20m budget for Southbank site
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Larry Kestelman is understood to have splashed out nearly $20 million on the Budget development site on City Road, Southbank.
Records show one of Mr Kestelman’s companies, LKPG SPV3, put a caveat on the low-rise warehouse in November.
Larry Kestelman: A capital success at Capitol Grand.
Credit:Eamon Gallagher
Mr Kestelman is cashed up after selling down his South Yarra holdings to Greystar last year for a new build-to-rent project in the Forrest Hills precinct. ....

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Coronavirus live: Hillsong alert and one new Queensland case

Victoria has recorded 10 new locally acquired cases of coronavirus, including two cases that tested positive in NSW.
The 10 cases doubles the 5 new locally acquired cases reported on Friday, the first day of 2021.
It comes as a man and a woman from NSW allegedly fled from officers at Melbourne Airport after arriving on a flight from Canberra at around 11am on Friday.
The 26-year-old man and 24-year-old woman normally reside in NSW.
After being spoken to by officers at the airport they were informed they d have to quarantine for 14 days, at which point they allegedly ran from the officer, and were picked up by a vehicle that took them away from the airport. ....

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'Not only a Melbourne issue': Hundreds isolating in Victoria as authorities scramble to avoid third wave

Two Victorians who have tested positive for COVID-19 travelled to the New South Wales South Coast, visiting a hotel and cafe whilst infectious before they got tested. ....

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