Melbourne retail sale – realestatesource

A BULKY goods centre with redevelopment potential in Bomber-land has sold for $11.45 million.

Hudson Pacific Group, a wholly owned subsidiary of Hudson Investment Group, has offloaded the 15,309 square metre 299 Pascoe Vale Road site, which includes four bulky goods showrooms returning almost $940,000 per annum in rent.

The site abuts rail tracks between the Glenbervie and Strathmore train stations, on the Broadmeadows line.

Victoria

Morry Schwartz offloads retail asset

March 21, 2010September 25, 2021 Marc Pallisco Melbourne development site sale, Melbourne retail sale, St Kilda Road

Pan Urban director Morry Schwartz is reaping $1.63 million from a retail investment at the ground level of the new

Victoria

FoodWorks to Open Gourmet Outlet at Base of ELM Complex, South Melbourne

February 14, 2010 Marc Pallisco Fridcorp, Melbourne retail sale, supermarket

INDEPENDENT supermarket group FoodWorks has purchased retail space at the ground floor of a $160 million apartment tower, being developed on the former HSV-7studio site in South Melbourne.

FoodWorks has paid $1.75 million for the 420 square metre retail space at the bottom of the Elm complex, which it plans to open as a gourmet outlet.

Construction of the 22-level Elm tower started last March, and is due for completion in December 2010. FoodWorks expects to open its doors by September.

Victoria

Former Dance Mecca Bullring, Now a Supermarket, Sells For $15 Million

February 7, 2010 Marc Pallisco Bullring, Coles, Fitzroy, Johnston Street, Melbourne retail sale

THE office, retail and car park complex built on the site of Johnston Street’s former Bullring, in Fitzroy, is understood

Victoria

Bib Stilwell Mini Dealership Building Sells For $3.6 Million

December 15, 2009 Marc Pallisco Melbourne retail sale

BIB Stilwell’s art-deco inner-city Mini car dealership has sold for $3.6 million. Nichols Crowder director Matt Nichols said the double-storey building,