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Top News In டேனியல் வோல்மேன் 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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Hour Glass' big $100m Collins Street spend snares Balenciaga

Hour Glass' big $100m Collins Street spend snares Balenciaga
smh.com.au - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from smh.com.au Daily Mail and Mail on Sunday newspapers.

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McNee eyes post-pandemic bounce in city fringe offices


McNee eyes post-pandemic bounce in city fringe offices
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By Simon Johanson
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Developer Bill McNee is looking for a $70 million post-COVID windfall after identifying and meeting tenants’ demand for an amenity-soaked, boutique, city-fringe office.
Three years ago, the developer began a speculative office build in South Yarra in competition with multiple other city fringe projects that were either under way or being spruiked to prospective tenants.
11 Wilson Street South Yarra.
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Now Mr McNee’s company Vicland, after a quick build and leasing program, has put its newly complete and fully tenanted office at 11 Wilson Street on the market through Colliers’ International with a price tag around $70 million. ....

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Former motorcycle store revs up CBD market


Former motorcycle store revs up CBD market
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The former home of longstanding retailer Peter Stevens Motorcycles has hit the market in the Melbourne CBD, complete with plans for a 10-level retail development above it.
The motorcycle dealership has exited the three connected buildings at 337-347 Elizabeth Street, having sold the property for $31.5 million two years ago to interests associated with developer Longriver Group.
Melbourne’s commercial property market is revving up. 
Since then plans were formulated for a $110 million retail tower, with the development winning council approval this year.
Together, the three existing buildings – of two and three storeys – along with the added value of a development approval could fetch as much as $38 million. ....

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Helen Sykes lists Flinders Lane home of Chris Lucas's Kisume for $20m


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The home of one of Melbourne’s best-known restaurants, Chris Lucas’ 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 – the wife of former AFL commissioner and Carlton premiership-winning player Mike Fitzpatrick – acquired for $9.8 million in 2015 through her Sunshine Property Holdings.
Flinders Lane is Melbourne’s best known late-night dining and drinking hub, home to some of the city’s most popular restaurants including Chin Chin (also part of the Lucas Group), Supernormal and Coda. ....

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