Ubertas Group to Sell Last Apartments at 505 St Kilda Road

Icon Property’s Robert Mitchelson is marketing the apartment for private sale at $1.8 million.

Ubertas is headed by Albert Dadon, a long-time and close personal friend of Prime Minister Kevin Rudd and wife Therese Rein, and with whom he spent last New Year’s Eve.

Last year Ubertas appointed Deputy Prime Minister Julia Gillard’s partner, Tim Mathieson, to a role marketing apartments, despite “Mr Gillard’s” previous sales experience, selling hair products.

Ubertas owns a double storey office building on a prominent site opposite the Flagstaff Gardens and Victoria Market, and is currently seeking approval by Planning Minister Justin Madden to build one of two high-rises, the tallest rising some 50-levels (the smallest rising 35-levels).

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Marc Pallisco

A freelance property analyst and journalist, Marc is a co-founder of realestatesource.com.au.

Marc Pallisco

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