Guy Naselli News Today

People in Alphington and Fairfield might have to wait longer for supermarkets they have been expecting.

City’s Swanston Street rock climbing venue up for grabs We’re sorry, this service is currently unavailable. Please try again later. Dismiss Save Normal text size Advertisement The city’s rock climbing venue on Swanston Street is up for grabs but potential buyers are being offered a development opportunity rather than climbing frames. The high-profile glass-walled space at 8 Franklin Street covers 582 square metres of floor but is 14 metres high and could be converted into a multi...

Burke Road shop sells for $1m above reserve We’re sorry, this service is currently unavailable. Please try again later. Dismiss Normal text size Camberwell Investors are betting bold on a shopping strip recovery. One paid $1 million above the reserve for a prime shop at 580 Burke Road with a final $6.788 million auction bid. Fitzroys’ Chris Kombi and Chris James said the shop, leased long term to Country Road’s Witchery, commanded a sharp 3.8 per cent yield. A strata-titled, 130 sq m tw...

Melbournes worst hotel notorious for drug dealers, cockroaches and syringes in bedrooms has hit the market with a $4.5million price tag.  The StayInn Motel on 844-846 Sydney Road in Coburg North, closed in 2019 before operating as an independently run crisis accommodation.  NSL Property Group agent Guy Naselli said labelling the StayInn as Melbournes worst motel was an understatement. The StayInn Motel on 844-846 Sydney Road in Coburg North (pictured) has hit the market with a $4.5million d...

Ibis Budget latest hotel to hit the market March 13, 2021 — 12.00am Normal text size Advertisement The Ibis Budget on Elizabeth Street is the latest hotel to hit the market, amid a slew of COVID-19-affected hotels up for sale. Singapore-based Well Smart Investment Holdings tried to sell the CBD holding in mid-2019 and has come back for a second go, just in time for the federal government’s interstate air travel voucher scheme. Luxury car dealer Lasath Algama is selling the 2645 sq m landhol...

Petrol station site sells for $3m We’re sorry, this service is currently unavailable. Please try again later. Dismiss Normal text size Sunshine An interstate service station operator has purchased a former fuel stop at 147-151 Devonshire Road for $3 million. CVA’s Leo Mancino said the property’s current use could be upgraded or, alternatively, converted to residential units under its favourable NRZ1 Zoning. The 100 sq m building on 230 sq m of land sold via expressions of interest for $9...