Colonial Leisure Group Buys Port Melbourne Office

THE owner of some of Australia’s most famous real estate will be headquartered from a flash Port Melbourne office, built on land adjoining, and originally part of the General Motors headquarters.

The Colonial Leisure Group – owners of the Portsea Hotel, the Botanical, in South Yarra, and Western Australia’s Raffles Hotel – has paid $3.05 million for two adjoining suites at the Southport Estate Business Park, at 177 Salmon Street.

The Port Melbourne office complex was a joint venture between Mirvac and Australian Super. Part of the deal to acquire the land in about 2005, included the consortium building a new headquarters for Holden.

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