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Larkfield swoops on Mont Albert office in $28m deal


Larkfield swoops on Mont Albert office in $28m deal
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Frank Hargrave’s Larkfield group has snapped up a three-level office building in Mont Albert for about $28 million.
Records show Larkfield has settled on the property at 3-7 Hamilton Street in Mont Albert this month, paying $27.85 million on a relatively soft yield of 6 per cent.
3-7 Hamilton Street in Mont Albert.
Credit:
The 3720 square metre building was extensively refurbished by the vendors, Ballarat developer and property lender MacCap.
Colliers’ Peter Bremner, Andrew Ryan, Hamish Burgess and Trent Hobart negotiated the deal. ....

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