Tags: melbourne auction results , Melbourne Real Estate, Week End Auction and Sales results. This entry was posted on May 30, 2010 at 11:57 pm and is filed under Uncategorized. You can follow any responses to this entry through the RSS … [...]
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Tags: melbourne auction results , Melbourne Real Estate, Week End Auction and Sales results. This entry was posted on May 30, 2010 at 11:57 pm and is filed under Uncategorized. You can follow any responses to this entry through the RSS … [...] THE Victorian State Labor government is continuing to offload its most spectacularly located real estate assets, with a major site in ritzy Kew expected to wind up in the hands of residential developers – possibly as early as next year. The Department of Treasury and Finance is understood to have employed a private consultant to conduct a feasibility study into the future use of the 60 Denmak Street office site, currently occupied by government agency VicRoads. A confidential Request for Quotation seen by The Age suggests moving VicRoads staff within three to four years. [...] MUSIC promoter Michael Coppel is offloading a low-rise office building with redevelopment potential at one of the CBD’s busiest intersections. Mr Coppel can expect to make about $12.5 million, sources say, from the sale of 389 – 391 Swanston Street, at the north-west corner of La Trobe Street. The site is almost encapsulated by the Royal Melbourne Institute of Technology – a possible buyer – and opposite Melbourne Central and the State Library of Victoria. Hungry Jacks leases the ground floor of the three-level, 1355 square metre building, which returns a total annual rent of $610,987. [...] TWENTY years after music promoter Glenn Wheatley, and his brother-in-law, former Richmond Football Club president Clinton Casey sold the then-iconic Ivy nightclub at a loss, the red-brick Flinders Lane building has been offloaded, again. The 145 Flinders Lane building which was first put to the marketing during the economic downturn last year, sold to a private investor for a speculated $8 million. It’s speculated the new owner will extend the building, and subdivide it into apartments, but this could not be confirmed. [...] According to CNN news, two-thirds of Americans ages 25 through 34 are deciding first where they want to live, and then looking for employment in that place. This practice is in direct contrast to the previous generation’s custom of finding a job and then settling wherever was necessary for that job, even if it was less [...] Australian interest rates are not expected to increase tomorrow afternoon, even though the cost of borrowing money in wholesale markets has increased recently, according to a survey of economists and a probability index. … [...] http://www.homepriceguide.com.au/saturday_auction_results/Melbourne.pdf. Property Snapshot Total properties: 243. Sold:166. Withdrawn:5 % Cleared:67. Melbourne Auction Results Saturday 29th May 2010. Total sales:$104886096 … [...] |
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