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May 2012
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Doncaster Road Site Sells to Overseas Developer For $16.25 Million

A PROMINENT eastern suburb site, once owned by members of the Myer family has sold to an overseas investor and is set to be rebuilt as a $100 million mixed use village of shops, offices and apartments. An Asia-based builder has paid $16.25 million for the major 8395 square metre bulky goods complex on the south-east corner of Doncaster and Manningham roads, in Doncaster. The site, with a street address of 602 – 630 Doncaster Road, is recognised as the Doncaster home of retailers Officeworks and Autobahn. [...]

Melbourne’s Iconic Ivy Nightclub Building Sells Again

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. [...]