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Sth Bnk Development

Sector: Residential • Location: Melbourne, Victoria, Australia

Source: AFR

Project
Planned

Open Capital is seeking to acquire Australia's largest residential project, the Sth Bnk development, from the troubled developer Beulah. The project has faced financial difficulties, and Open Capital aims to fund the $2 billion construction costs.

Status
Prospective
Sector
Residential
Location
Melbourne, Victoria, Australia
Updated
22 Jul 2026
Source
AFR

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Project Information

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The project “Sth Bnk Development” is an infrastructure initiative in the Residential sector, located in Melbourne, Victoria, Australia. Taiyo aggregates data on it from AFR.

Participants

Not available for this record.

Status

Original status

planned

Taiyo status

Prospective

Taiyo last update

2026-07-22

Contact

Not available for this record.

Description

Description

Open Capital is seeking to acquire Australia's largest residential project, the Sth Bnk development, from the troubled developer Beulah. The project has faced financial difficulties, and Open Capital aims to fund the $2 billion construction costs.

Budget

Location

Country

Australia

State

Victoria

City

Melbourne

Source

Source

AFR

URL

More Details

Record type

Project

Sector

Residential

Article published date

2025-03-12

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