Administrators to Sell Two Storm Financial Assets in Melbourne

The properties include the 552 Victoria Street North Melbourne office building Storm purchased off the National Union of Workers late last year for about $6.75 million.

Another property, the former General MOtors Holden power station in Port Melbourne, was purchased for $1.825 million in 2007, and was tp become the Cairns-based financial services group’s Melbourne headquarters.

Jones Lang LaSalle is marketing the properties with Knight Frank.

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Marc Pallisco

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

Marc Pallisco

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