Campari Sells For $5 Million

CITY drinking and dining institution Campari, in Hardware Lane, has sold to a Dubai-based investor for about $5 million.
 
The fully renovated, fully leased 41-year old bar was the jewel in a property portfolio listed for sale by restaurateur Nick Zampelis in August.
 
John H Castran director and marketing agent John Castran said 16 contracts were circulated to prospective buyers, with the property selling about half an hour after auction, over the phone.

Share or Recommend article

Marc Pallisco

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