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Tenants eye better stores as vacancy opens new shop locations
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Tenants eye better stores as vacancy opens new shop locations
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Strata shop sells $60,000 above reserve
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Carnegie
An investor paid $60,000 above reserve to outbid several rivals for control of a strata-titled shop in
Jonathan Hallinanâs development at 274 A, B, & C in Neerim Road. The property was knocked down for nearly $2.56 million, or $6642 per sq m, Teska Carsonâs
George Takis said. The result reflects a strengthening market for strip retail despite COVID-related issues, he said. Sold with vacant possession, the 392 sq m ground-floor shop covers three titles and is part of a 5-level residential development.
Landmark St Kilda holding for sale as renaissance beckons
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Longtime Fitzroy Street landlord Freddie Warschauer is selling up properties his family has held on the strip for decades and could reap more than $16 million from the deal.
Mr Warschauer is offloading three properties at 7-15 Fitzroy Street, the gateway corner between the Esplanade and the once thriving hospitality strip.
Three buildings at 7-15 Fitzroy Street in St Kilda are for sale.
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Allard and Shelton agents Joseph Walton and Michael Ryan are handling inquiries for the extensive holdings, which include 14 apartments and five shops on 1335 square metres of land.
Landmark St Kilda holding for sale as renaissance beckons
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