Investor pays Cabrini Hospital $3.32m for Glen Iris block of flats

Cabrini Hospital has sold a 1970s block of flats listed in the week Australia’s social distancing measures were introduced. The double storey complex in Melbourne’s exclusive Glen Iris traded for $3.32 million following an auction-converted-expressions of interest campaign. Aston Commercial’s Liam Rafferty said 10 written offers came in for 147 Tooronga Road – the agent

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Russell Knowles sells Portsea’s clifftop Rovina to Deague family for c$13.5 million off market

EXCLUSIVE Aged care accommodation entrepreneur Russell Knowles – the father-in-law of Steller co-director Simon Pitard – has sold a distinctive 1960s homestead on Portsea’s clifftop for a speculated $13.5 million. Rovina at 3808 Point Nepean Road is trading off-market to Camilla Deague, the daughter of veteran developer David, and her husband, Nick Speer. The incoming

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Mansion built on late Lady Susan Renouf’s Struan House in Toorak listed for $17.5 million

A Christopher Doyle designed mansion which replaced late Lady Susan Renouf’s Struan House, in Toorak, has been listed for sale asking $17.5 million. In Struan Street, a wide, tree-lined row between Orrong and St Georges roads, EMOC Constructions only recently completed building it. Over three levels, with 1056 square metres of internal area, 13 Struan

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West Melbourne hotel off the cards as developers sell project for a fraction of expectation

A trio of Melbourne businessman have shelved plans to build a hotel at the Melbourne CBD’s north west tip following an unsuccessful campaign to sell it as a permit-ready opportunity. Probuild founder Phil Mehrten, Resimax Group director Aziz “Ozzie” Kheir and developer, Frank Palazzo were hoping to collect about $75 million when they listed the

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