Consulate of Egypt Pays $1.5 Million for Melbourne CBD Office Suite

THE Egyptian government has paid $1.5 million for a strata office suite in the CBD.

The Consulate General of Egypt will owner-occupy the 500 square metre, A-grade office at 50 Market Street, relocating from 124 Exhibition Street, where it was a tenant.

The 50 Market Street suite, on the north-east corner of Flinders Lane, was previously occupied by the Victorian Association of Forest Industries.

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Billionaire Lang Walker Snares ATO as Docklands Tenant

Lang WalkerTHE Australian Taxation Office has pre-committed to an unbuilt 38,000 square metre office building in Melbourne’s waterfront Docklands precinct.

Billionaire Sydney-based developer Lang Walker will build the $250 million office, which will be substantially bigger than the ATO’s original 25,000 square metre requirement. The ATO also operates from offices at Casselden Place, expiring 2017, and La Trobe Street.

It’s hoped the ATO building will start a development boom within the Village Docklands precinct, and within the wider Docklands area.

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