McGills to quit Elizabeth St after 45 years

After more than 45 years, McGills will leave its long-time home at 187 – 193 Elizabeth Street.

The newsagency told the Herald Sun the new owner, South Australia’s Urban Construct, increased the rent.

The business had been reported as paying below-market rates given a friendship between the McGill family and last landlord.

Knight Frank and Teska Carson marketed the Elizabeth St property.

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Marc Pallisco

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