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February 2012
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Charter Hall Pays $32.5 Million For Bendigo Shopping Centre, Victoria

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SYDNEY based fund manager Charter Hall has paid $32.5 million for the Lansell Plaza near Bendigo in regional Victoria. The purchase, from the Centro Group is expected to settle at the end of January. According to the AFR which reported the deal, the shopping centre (black and white image from the National Gallery of Victoria) reportedly sold on a yield of 9 per cent. [...]

Preston’s Oakover Hall Mansion, North of Melbourne, Listed For Sale

PRESTON’s landmark Oakover Hall at 12 Stafford Street will be offered for sale for the first time in 53 years. The six bedroom, double storey bluestone and brick home, completed in 1849 and owned by just four families, was built on a hilltop adjoining the Merri Creek (on an approximate 140 hectare estate which has since been subdivided and sold) and offers 360 degree views. Original features of the National Trust protected mansion include interior arches dividing 12 main rooms, fireplaces, timber balustrades, and a leadlight window on the staircase landing. [...]