City Peugeot Site Sells, Elizabeth Street Melbourne
DEVELOPMENT activity around the frantic Haymarket roundabout, at the intersection where Elizabeth Street meets Flemington Road, is about to get even busier.
A student accommodation developer is believed to have paid about $5.6 million for the City Peugeot dealership at 690 Elizabeth Street, near the corner of Pelham Street.
The double-storey dealership, which has rear access to Berkeley Street, was sold with a short term tenancy to City Peugeot and City Subaru, which will relocate to Port Melbourne.