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The benefits of Melbourne’s new Metro service has spurred on property investment, while the city’s reopening gives hospitality operators and retailers a boost. ....
The location is right in the heart of the much-loved Flinders Lane dining and entertainment precinct, surrounded by some of the city’s best-known restaurants, such as Chin Chin and Supernormal. ....
Save Share A commercial building on Melbourneâs Flinders Lane thatâs home to renowned restaurateur Chris Lucasâs Kisume has smashed expectations to sell to a Melbourne-based private investor group for about $25 million on yield of just 2.5 per cent. The Flinders Lane building sold for $5m more than expected Itâs the third major property sale on Flinders Lane this year, where multiple lockdowns have not dampened investor enthusiasm for commercial property assets. The laneway is Melbourneâs premier, late-night dining precinct and home to some of its most popular restaurants and bars including Chin Chin, Cecconiâs and Supernormal. ....
CBD properties flood the market as owners shift into sell mode We’re sorry, this service is currently unavailable. Please try again later. Dismiss Normal text size Advertisement Shifting fortunes are bringing a flood of CBD properties to market with a raft of long-term and short-term investors calling time on their holdings. In the west end, a pair of investors who held their properties for more than 40 years are selling 423-425 Elizabeth Street. CostFox’s strata office in Cremorne. Credit: Originally part of the old Argus Hotel - neighbouring the Argus Building on the corner of Latrobe Street - the shop is expected to fetch a whopping $15 million. ....
Save Share The home of one of Melbourneâs best-known restaurants, Chris Lucasâ Kisume on Flinders Lane, has been listed for sale by philanthropist Helen Sykes with a price tag of about $20 million. The Japanese restaurant occupies the lower levels of 175 Flinders Lane, an eight-level free-standing commercial building that Ms Sykes â the wife of former AFL commissioner and Carlton premiership-winning player Mike Fitzpatrick â acquired for $9.8 million in 2015 through her Sunshine Property Holdings. Flinders Lane is Melbourneâs best known late-night dining and drinking hub, home to some of the cityâs most popular restaurants including Chin Chin (also part of the Lucas Group), Supernormal and Coda. ....