Melbourne Ghost Office Sells to Chinese Investor For $45 Million

Last November Australand paid $45 million for another “CBD ghost tower” – the former ASX building at 357 Collins Street. After plans by its previous owners in the downturn to convert the building into a residential use, Australand has decided to convert it back into an office. The building only has a few car parks.

Marc Pallisco

A freelance property writer and analyst, Marc is a co-founder of realestatesource.com.au.

Leave a Reply

Your email address will not be published. Required fields are marked *

error: Content is protected !!