Commercial and residential property news
JAPANESE-born, Sydney-based restaurateur Tetsuya Wakuda will open a second restaurant next June – in Singapore.
The chef will open at a Las Vegas style resort currently under construction at Marina Bay Sands in Singapore. He will join international restaurateurs including Wolfgang Puck, Mario Batali and Daniel Boulud from the United States, Guy Savoy from France and Santi Santamaria, from Spain.
Read moreAn owner occupier has paid $1.925 million for a ground floor office suite, with three street frontages, in one of the CBD’s most popular dining precincts. The sale price reflects a market yield of 3.53 per cent.
Read moreRESTAURATEUR Nick Zampelis will sell the prominent Campari building in Hardware Lane – ending a decade long association with the restaurant.
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Mr Zampelis, who has been both an owner-occupier and landlord at 23 -25 Hardware Lane, can expect to make about $4.5 million from the sale of the building, which has housed the drinking and dining institution through various managers since 1968.
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Mr Zampelis paid $1.46 million for the building in January 2000, occupying it for a few years before leasing it to tenants, which eventually resulted in its closure.
Tens of thousands of city workers and residents who walk over the Southgate Footbridge everyday will soon have a place to stop in for a half-time break.
Read moreSix months after announcing he would end a 25-year business partnership with his brother, John, restaurateur Frank van Haandel is rumoured to be sniffing around Chapel Street for his next business venture.
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