Offerings in Sydney and Melbourne landmark towers come amid evidence institutional investors are becoming more comfortable taking large positions in CBD workplaces.
With its prime position on Spring Street, above a metro entrance at the upmarket east end of town, 85 Spring Street has also been a graveyard of developers’ ambitions for almost a decade.
Owned by Grocon co-founder Bruno Grollo and two of his children, Adam and Leeanna, the 15,000 square metre building is the second substantial commercial property the trio have sold in the past year.