Good Guys Andrew Muir Pays $17.75 Million for Steve Vizard’s Orrong Road Mansion

INSIDERS are all but certain the mystery buyer of Steve Vizard’s Orrong Road mansion is Good Guys electrical retailer Andrew Muir. Early speculation was that the house had been bought by Peter Edwards of the Smorgon family but he has vehemently denied this. Mr Muir is overseas and unavailable for comment.

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Vision Australia to Sell Heritage Listed St Kilda Road Headquarters

VISION Australia has put its heritage-listed Royal Victorian Institute for the Blind property on the market, in an expression of interest campaign that could reap the organisation about $20 million. The 1.5-hectare property at 557-563 St Kilda Road, on the corner of Moubray Street, is identified by an imposing four-level, bluestone building, part-leased to the Belgian Beer Cafe.

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Land Values Boom Around Eastlink Freeway

AVERAGE industrial land values in Melbourne’s eastern suburbs increased a staggering 41 per cent in the 2006-07 financial year in anticipation of the opening of the EastLink toll road next year. Industrial land values in the east now average $325 a square metre, up from $230 a square metre this time last year.

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