Sydney Based Healthbridge Confirmed as Hawthorn Office Buyer

A HEALTH based fund controlled by Sydney-based manager Ironbridge has been revealed as the buyer of Hawthorn’s prominent 50 Burwood Road office, abutting the Hawthorn train station.

Healthbridge Property Hawthorn Pty Ltd paid a speculated $17.1 million for the four-level, 5247 square metre office, formerly owned by VECCHI.

Ragg Weir Accounting, a tenant in the building, offered a relocation incentive to surrender their lease prior to Healthbridge settling on the property, has now leased an 1100 square metre office at LAS Investments 108 Power Street office, near the corner of Burwood Road.

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