Should Melbourne Metro have a station at Sth Yarra?
Posted: May 19, 2015 Filed under: Uncategorized 1 CommentShould Melbourne Metro have a station at Sth Yarra?
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The question is who benefits from NOT having a rail station on the new metro line within a short walk of the existing South Yarra station? Surely an integrated land-use and transport system warrants a station at South Yarra…even at a cost of 0.5 billion dollars. The land value increase and subsequent rate and rent revenue would make the net cost much lower if cleverly done.