Bib Stilwell Mini Dealership Building Sells For $3.6 Million

BIB Stilwell’s art-deco inner-city Mini car dealership has sold for $3.6 million.
 
Nichols Crowder director Matt Nichols said the double-storey building, at the suburb border of Toorak and South Yarra, sold on a yield of 3.8 per cent, based on the $139,700 annual rent Mini pays to occupy the busy corner.

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Marc Pallisco

A former property analyst and print journalist, Marc is the publisher of realestatesource.com.au.