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Max Stern ends up on Collins Street after being bumped by metro works

People & Companies / Latest News

Australia

Oct 09 2017

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Simon Johanson, The Sydney Morning Herald

MARKET WRAP

SALES

Richmond

Backpacker haunt Honiton Flats on busy Hoddle Street has sold for $2.3 million on a yield of 5.3 per cent. The two-level brick property is leased to Landing Pads on a five-year term with two five-year options until 2029. Rick Silberman, Raoul Holderhead and MingXuan LI from Burgess Rawson handled the sale.

Richmond

An owner-occupier has paid $1.255 million for a retail/showroom at 221 Swan Street. Teska Carson's Tom Maule and Larry Takis negotiated the sale. Mr Takis said properties with development potential in Richmond were keenly sought after and continued to attract a strong field of buyers.

Go to The Sydney Morning Herald and read the full story.

SOURCE: The Sydney Morning Herald

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