Juilliard Group Buys 414 La Trobe Street For Close to $50 Million

News of a 414 La Trobe Street resale was first speculated last month.

The new owners are believed to be private investors the Juilliard Group, according to the AFR.

The sale price represents a high yield of 9.25 per cent yield, based on the building’s annual income. Earlier this year management of the fund manager was taken over by the Henderson Group.

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Marc Pallisco

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