The old IGA store on the Billings South Side has new life. It stood vacant for about two years but is now home to a one-of-a-kind market featuring Montana made products.
Australia’s three-year electoral cycle means the Australian Electoral Commission can only sign up to three-year leases, and that relatively short lease term can chip away at a property’s value.
Robert Magid’s late father purchased the 5.5ha site in Mulgrave for just $2.5m in 1993 and has now sold it to Charter Hall for almost 34 times that amount.