Julliard Group Pays Salta $18.9 Million For Port Melbourne Asset

PRIVATE investment group the Julliard Group has paid $18.9 million for a Port Melbourne commercial asset.

The fully-leased building at 1 – 23 Wirraway Drive sold on a yield of 8.3 per cent, based on the building’s annual income of $1.583 million.

The building was offloaded by private developer Salta Property Group, which last week sold another asset in Port Melbourne before a scheduled auction.

Read more