377-379 Little Bourke Street, MELBOURNE Raoul Salter and Michael Gross of Gross Waddell have sold 377-379 Little Bourke Street via auction for $5,810,000. Raoul Salter of Gross Waddell, commented, “Not surprisingly there were over 150 registered enquiries for this prime freehold property. Given its location and the fact that there are limited opportunities in the…Read More→
115 Acland Street, ST KILDA Gross Waddell and Beller Commercial have sold 115 Acland Street, St Kilda. The property drew a large crowd and eventually sold for $3,150,000 to a local investor. The sale price represents a yield of 3.76% and a land rate of $27,155*. This outstanding investment property is located in one of…Read More→
108 Glenferrie Road, MALVERN Tamara Gross and Alex Ham from Gross Waddell have sold 108 Glenferrie Road, Malvern at auction. Attracting a large crowd the property was hotly contested by 6 bidders and selling to a local investor for $3,310,000 representing a yield of 3.5%. The land rate = $13,791 psm. This outstanding investment property…Read More→
285 Patullos Road, LARA A circa 80-hectare site in Lara with potential for more than 900 residential lots is the latest major landholding in Melbourne offered to the market, just as Stockland snapped up a second site for $75 million. The 285 Patullos Road site between Geelong and Melbourne forms part of the Lara West region,…Read More→
45-47 Batman Street, WEST MELBOURNE Andrew Thorburn and Andrew Waddell of Gross Waddell have sold 45-47 Batman Street, West Melbourne prior to auction for $3,700,000 with a land size of 506sqm* representing a rate of $7,312*. The property provides a single level building fronting Batman Street. The building occupies the entire land parcel and boasts…Read More→
Rowsthorn cashes out of Malvern The 4720-square-metre site, including the old hotel and heritage facade, is an island site in a transport hub, on the corner of Glenferrie and Dandenong roads opposite the local station. That position and its locality, upmarket Malvern in Melbourne’s inner east, have raised expectations for the site, which could…Read More→
23-29 Bourke Street, MELBOURNE The former home of Society restaurant, in its heyday one of Melbourne’s best eateries and for decades serving many Melbournians, tourists, theatre and movie goers that flock to the east end of Melbourne’s CBD, has sold at auction. A strong result and a good indicator of the strength of the…Read More→
Bourke House, Corner of Bourke and Russell Streets, MELBOURNE Raoul Salter, Michael Gross and Jonathon McCormack from Gross Waddell in conjunction with CBRE have sold Bourke House. After attracting a total of 13 bids, the property eventually sold to a new mainland Chinese entrant into the Melbourne market for a price in excess of…Read More→
181 Canterbury Road, BLACKBURN Alex Ham & Andrew Waddell from Gross Waddell have sold Cnr Blackburn and Canterbury Road, Blackburn via Expression of Interest for $3,454,000. The property represented a rare opportunity to secure a successful aged care facility, Covenant House within the heart of Melbourne’s Eastern suburbs. The property features high exposure on a…Read More→
7-12, 13 & 15 Horne Street, ELSTERNWICK Gross Waddell have sold the Elsternwick Supersite located at 7-12, 13 & 15 Horne Street, Elsternwick via Public Auction today for a combined total of $12,660,000. In front of some 200 people, the Daily Planet and adjoining properties were sold at public auction for a combined total of…Read More→
