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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 landholding at 135-149 Burwood Road. Credit: It’s at the cheaper end of the market and is likely to fetc...

Landmark St Kilda holding for sale as renaissance beckons We’re sorry, this service is currently unavailable. Please try again later. Dismiss Normal text size Advertisement Longtime Fitzroy Street landlord Freddie Warschauer is selling up properties his family has held on the strip for decades and could reap more than $16 million from the deal. Mr Warschauer is offloading three properties at 7-15 Fitzroy Street, the gateway corner between the Esplanade and the once thriving hospitality strip. Three buildings at 7-15 Fitzroy Street in St Kilda are for sale. Credit: Allard and Shelton agent...

I bought the section the apartment building is on as an investment quite a few years ago. I just felt that this area would probably get developed into more intensive housing. That's what the council was pushing for. I bought that, half expecting at some stage, a developer might approach me to buy the land and build an apartment building. That's exactly what did happen in the end. I said to the developer, “I'll sell you the land for the apartment building, but I need a place on the roof.” I gave him the dimensions of what I required in terms of area, size, configuration – that type of t...