Former ice skating rink site back on the market for over $20 million

Super Fund, which deals with the pension revenues of federal public officials and defense personnel, is the owner of the Blue Chip 101 Collins Street Tower along the way.

CSC has long been a strategic buyer of neighboring properties to protect the views of 101.

In March, he bought 63 exhibitions from Salta for only 45 million dollars – a rare bargain, considering the tendency to pay more than the fund to get the right result for the tenants.

Ten years ago, the Super Skinny paid $ 15 million to the architect Philip Cox for the Flinders Lane building approved for a 43 -storey tower. Now there are height restrictions on any future development.

It is not unusual to sell CSC with a loss. In 1996, he bought Rosatis (now Garden State Hotel) for $ 5.5 million and sold it for $ 4.3 million with height restrictions six years later. JLL Agents, Josh Rutman, Piper Dedrick, Nick Macfie and Xander Yeo took over, but refused to comment.

Chua, an active investor and developer, recently bought several layers of 420 Collins Street after the collapse of the Zafer Joint Working Office group. He is one of the largest hosts of the city.

BOX MARKING IN RICHMOND

Kokoda Group’s Mark Stevens made its second acquisition in Richmond in six months. In March, he bought 418 Burnley Street, one of the original owners of the Dutton Group and paid $ 5 million for the warehouse in the corner of Madden Grove.

In July, the 495 Bridge Road on the road to about $ 20 million in exchange for the purchase of Out -of -Market purchasing of the Adairs showroom was followed.

In a warm auction in 2018, a significant increase of $ 14.8 million paid by sellers and 12 bids and yields and yields are only 2.09 percent.

Kokoda plans to develop a middle -storey housing with its ground floor retail and dining options on a 1650 square meter property in the corner of Palmer Street.

“Richmond is clamping all the boxes for us. Richmond is not what today is not today, and the same is true for Cremorne, Ste said Stevens.

Kokoda, which has offices in Cremorne, plans the first Victorian commercial project for Burnley Street property and will be moved when it is completed. The developer, which has been operating mostly in Brisbane in the past, has recently completed its Malvern Collective project.

Shepparton Flip

A showroom in Shepparton was reversed only eight months after the last change of hands, and the seller made 28 percent profit.

At the end of last year, Cal Doggett of Properties & Pathways bought the empty showroom for $ 7.25 million and quickly won a rent with the furniture chain Amart. This movement added a smidge of over $ 2 million to the value of the property, which was sold for $ 9.3 million.

The 3220 square meter property was previously occupied by Spotlight, who had previously moved to a new purpose on the road at the end of 2023. It was sold in a large 8094 square meter parcel and with a new eight -year rent.

The campaign was handled by Colliers’s Will Hefffernan and Tim McIntosh and Stonebridge agents Rorey James, Kevin Tong and Justin Dowers.

A stroke in local strips

Kensington -based Advanced Vetcare Group entered the Stubbs Street office warehouse for a new Emergency Veterinary Clinic.

It is understood that the 3000 square meter office warehouse on 20-26 Stubbs Street is sold for about 11.66 million dollars.

It seems that the advanced Vetcare, which has other operations in Geelong and Kew, has moved on the road on Robertson Street from the current Kensington clinic. The agreement was negotiated by Gorman Kelly’s Nick Brehenyy and Francis Sbaglia.

The building had previously been the Service and Training Center of the Peter Stevens Motorcycle Group, and in 1970, the Chiodo family, who founded the motorcycle retailer. Peter Stevens Group entered voluntary management in May and sold some dealers to Motorcycle Holdings and Joe Rascal Group in June.

The owner-Occupier agreement was an increasing rare as investors went to medical and veterinary centers.

Ascot Vale, a veterinary clinic on the EPSOM Road, sold a special investor to an inter -state investor for $ 1.62 million and reflected a 5.51 percent yield and Ballarat was sold on 9 Mersse Street for 5.33 million dollars with a yield of 5.33 million dollars. Both agreements were made by StoneBridge’s Nic Hage, Rorey James and Ian Lam.

Meanwhile, Camberwell, one of the $ 3.35 million in Camberwell, one at 900 Toorak Road, and the other sold two medical centers in Warrandyte for $ 3.4 million.

“Traditionally focusing on ribbon retail and fast-food investments, Groups expand their interests in a way that includes medical and health assets, Hak said Hage.

According to a report by the newly combined Burgess Rawson and CBRE agencies on the industry, there was more than $ 800 million in the health sector in 2024-2025.

Victoria was the most active market that made up about 21 percent of the value and an average sales price of $ 5.41 million and an average return of 5.87 percent. The group’s research director Jesse Lapham said there is plenty of places to continue to grow with health expenditures expected to grow by the federal government.

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