Dollarforce Liquidators to Reap $3.5 Million From Docklands Development Site – realestatesource https://www.realestatesource.com.au Commercial and residential property news Wed, 29 Apr 2009 12:16:30 +0000 en-US hourly 1 https://wordpress.org/?v=7.0.4 https://www.realestatesource.com.au/wp-content/uploads/2024/03/rsfav-100x100.png Dollarforce Liquidators to Reap $3.5 Million From Docklands Development Site – realestatesource https://www.realestatesource.com.au 32 32 Dollarforce Liquidators to Reap $3.5 Million From Docklands Development Site https://www.realestatesource.com.au/dollarforce-liquidators-to-reap-35-million-from-docklands-development-site/ Wed, 29 Apr 2009 12:16:30 +0000 http://realestatesource.com.au/wordpress/dollarforce-liquidators-to-reap-35-million-from-docklands-development-site.html LIQUIDATORS for the failed Dollarforce Group, are likely to reap about $3.5 million for an inner-city office development site, abutting Mirvac’s Yarra’s Edge precinct, in Docklands.

]]> The failed group paid $2.8 million for the property in 2003, eventually obtaining a permit for a Peddle Thorp designed 23-level office building, which would offer views over the Yarra River to the CBD.

However, after the Australian Securities and Investments Commission appointed a liquidator for Dollarforce Group last month, the site at 81 Lorimer Street was put to the market, and will be auctioned next Thursday. The property is currently a building supplies outlet.

Lemon Baxon Baxter’s Chris Curtain is marketing the 3,535 square metre development site with DTZ’s Richard O’Callaghan and Russell Hannan.

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