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Top News In கிலெந் தோமா ஜான் சமில்லேரி Today - Breaking & Trending Today

Flinders Lane home of Chris Lucas's Kisume sold for $25m


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A commercial building on Melbourne’s Flinders Lane that’s home to renowned restaurateur Chris Lucas’s 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 
It’s 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 Melbourne’s premier, late-night dining precinct and home to some of its most popular restaurants and bars including Chin Chin, Cecconi’s and Supernormal. ....

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CBD properties flood the market as owners shift into sell mode


CBD properties flood the market as owners shift into sell mode
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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. ....

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