A few kilometres south west of the central business district is Wyndham Vale, a suburb of Melbourne that is beginning to attract a lot of attention these days. With real estate prices being reduced and a lot of development that is taking place Wyndham Vale is among the various nearby suburbs of Melbourne that have experienced [...]
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CHAPEL Street’s historic Conways Building sold at auction on Thursday for $12.8 million. On a 1000 square metre site, the 2372 square metre Prahran building is configured as four ground floor retail shops, and ten upper floor commercial studios. On a fully let basis, the property could rent for $775,000 per annum, meaning the asset sold on a 6 per cent market yield. [...] |
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