Village Roadshow chief Clark Kirby and wife Sara sell historic Armadale home for a suburb record price

Clark Kirby, who this year replaced Graham Burke as Village Roadshow chief executive, with his wife Sara, a former television presenter, have sold one of Melbourne’s most unique warehouse converted homes – in Armadale. The speculated $17 million-plus deal for the 1915 Golden Crust Bakery at 69 Sutherland Road sets a record for the suburb.

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Heidelberg block permit ready for eight storeys trades for $11.4 million

A permit-ready development site in Melbourne’s north east Heidelberg sold for $11.4 million this week. The incoming owner, a local developer, snapped up 104-120 Mount Street (pictured, bottom, highlighted) on a 30 day settlement. With plans for an eight-level complex comprising offices and 120 apartments (pictured, top), the 2376 square metre holding was offloaded by

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“Ultimate Camberwell landholding” sells for $10.05 million on a 23 day settlement

A cash buyer outbid numerous other investors to snare an enormous land holding in the South Camberwell retail village. The unique site – six adjoining retail and commercial freeholds – sold for $10.05 million against $9.5 million price hopes. The incoming owner offered a (short) 23 day settlement. Covering 398-410 Burke Road, near the north

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Steller receivers sell Caulfield South childcare centre site mid-construction

Steller receivers have sold a high-profile corner site in Caulfield South, permit-ready for a state-of-the-art childcare centre. The 1328 square metre holding comprising 1036 Glen Huntly Road and 1A Laura Street is trading for $4.71 million. Steller paid $4.3 million for what was two neighbouring standalone homes last year, before pushing through the redevelopment application.

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GWA signs, resets leases, for three Charter Hall warehouses on Australia’s east coast

EXCLUSIVE One hand is washing the other – metaphorically – following a unique agreement between Charter Hall and GWA Group Ltd – the producer and distributor of Caroma tap wear. Charter Hall has committed and reset leases with GWA for three office warehouse facilities, in Sydney, Melbourne and Brisbane, containing a total area of 51,982

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Grocon spending c$135 million on Nick Theodossi’s high-profile North Melbourne holdings

Luxury car dealer Nick Theodossi has found a buyer for a North Melbourne super-site opposite one of five underground train stations being constructed as part of the $11 billion Metro Tunnel project. Grocon, with the financial backing of GIC, formerly known as Government of Singapore Investment Corporation, is in due diligence for the properties –

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Chadstone shopping centre set for $685 million expansion and renovation

Toorak businessman John Gandel and Vicinity Centres are set to expand and renovate their enormous Chadstone – the Fashion Capital retail complex, again. The $685 million proposal includes five key components. A nine-storey office estimated to be worth $130 million upon completion is one of them (artist’s impression, top). Earmarked for a site off Middle

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Historic, high-profile Balaclava corner building sells for $7.5 million at hot auction

A high-profile, historic red brick building within Balaclava’s popular Carlisle Street retail strip sold at auction last week for $7.5 million. More than 100 attendees sweated through the event held onsite in 38 degree heat with a northerly gale. The double-storey, 515 square metre retail building with upstairs office occupies a 368 sqm Commercial 1

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Centuria pays $27.8 million for twin suburban Melbourne offices

Centuria Diversified Property Fund (CDPF) has added twin suburban Melbourne offices to its mushrooming real estate portfolio. CDPF is paying Stronghold Investment Services $27.8 million for the neighbouring buildings at 13-15 Compark Circuit in Mulgrave. The vendor paid $21.5 million for them in early 2017. Covering a site area totalling 8334 sqm, the offices contain

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Sotheby’s International Realty to spread its wings under new management in Victoria

Prestige real estate agent Rob Curtain (pictured, right) has snapped up the master franchise of the Sotheby’s International Realty business in Victoria. The deal with Geoffrey Smith and Gary Singer, the latter a former Victorian lord mayor who has operated Sotheby’s Australian art house since 2009, is speculated to be worth about $1 million. It

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