Victoria’s wealthiest woman Naomi Milgrom spending $95 million on neighbouring Cremorne office

Victoria’s wealthiest woman Naomi Milgrom is speculated to be paying $95 million for a Cremorne office next door to another she bought two years ago. Building 10 of 658 Church Street was listed for sale last month by US-based global investment management corporation BlackRock. The four-level, 7959 square metre office carried price hopes of $80

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Australian Red Cross offers c$40 million former Carlton HQ

The Australian Red Cross (ARC) is following through on a national property divestment program – this time listing two adjoining sites in Carlton, 500 metres north of the Melbourne CBD. ARC owner-occupied the buildings as its Victorian headquarters before recently relocating to 47 Villiers Street, North Melbourne. The Carlton assets at 163-175 Bouverie Street and

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Prestige real estate agent Jason Scillio’s Flinders home set to challenge $17 million suburb record

EXCLUSIVE Jason Scillio, a former director of prestige residential real estate agency Kay & Burton, is hoping to break the $17 million price record for a Flinders home. The businessman has listed his 20.2 hectare personal estate at 160 Musk Creek Road via Sotheby’s Rob Curtain. Unusually, the home and five others share a 55

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Celebrity chef and author Elizabeth Chong offloads Richmond townhouse for $1.5 million

One of Australia’s most experienced television chefs, Elizabeth Chong AM (pictured, right), sold her Richmond townhouse for $1.5 million at auction on Saturday. The double storey three-bedroom dwelling in a laneway at 2/28 Abinger Street hit the market last month with a price guide of $1.2-$1.32 million. Ms Chong paid $320,000 for it in 1997.

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RANZCOG offers $20 million-plus East Melbourne HQ as development play

The Royal Australian and New Zealand College of Obstetricians and Gynaecologists (RANZCOG) is selling its East Melbourne headquarters, opposite Fitzroy Gardens. The two storey structure, built in 1873 at 254-160 Albert Street,is expected to sell for more than $20 million. RANZCOG acquired the property in 1982. Next door, Freemasons Victoria and Mirvac recently teamed to

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John Singleton and Geoff Dixon list Balmain’s Unity Hall Hotel – the birthplace of the Australian Labor Party

Media mogul John Singleton and former Qantas boss Geoff Dixon, via their Australian Pub Fund, are selling the Balmain building where the Australian Labor Party’s first meeting was held. Unity Hall Hotel is expected to sell for about $25 million. The pair, with Mark Carnegie, paid $10 million for the complex in 2011, shortly after

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Fortius picks up Cammeray Square from Stockland for $39.05 million

Stockland has sold the Cammeray Square shopping centre on Sydney’s exclusive lower north shore for $39.05 million. Private Sydney-based investment house Fortius Funds Management – which last week spent $174 million on three inner-city Sydney retail assets – is the buyer. Cammeray Square forms part of a mixed-use development of four buildings, surrounding a central

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Melbourne portfolio of seven apartment blocks and a warehouse listed by consortium including members of the Richter family

The mother of prominent criminal lawyer Robert Richter QC is part of a syndicate which this week listed for sale a portfolio of seven apartment blocks scattered across metropolitan Melbourne, and a Northcote warehouse. The investments were built by Mr Richter’s father and uncle – along with another family – between 1976 and 1986. Offered

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Julian Gerner seizes control of Sorrento’s Continental Hotel, proposes $100 million commercial-only redevelopment

EXCLUSIVE After a saga he can now put away to the last chapter, restaurateur Julian Gerner has seized control of Sorrento’s landmark Continental Hotel. Furthermore, the businessman has acquired an adjacent block and will re-submit a permit application to replace the amalgamated holding with a $100 million commercial-only project containing offices, a “world class” resort

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