Evergreen banks $24.4m from South Melbourne office

By Marc Pallisco
Updated January 27 2017 - 6:13am, first published 6:00am
One of Melbourne?s highest profile factories, a huge, former logistics centre at 40-48 Howleys Road in Notting Hill, has sold for $11 million. Photo: Supplied
One of Melbourne?s highest profile factories, a huge, former logistics centre at 40-48 Howleys Road in Notting Hill, has sold for $11 million. Photo: Supplied
102 Albert Road in Melbourne. Photo: Supplied
102 Albert Road in Melbourne. Photo: Supplied

A Malaysian investor has paid $24.4 million – reflecting an incredibly low yield of 1.97 per cent – for a six-level office building at the northern end of Albert Park Lake.

Subscribe now for unlimited access.

$0/

(min cost $0)

or signup to continue reading

See subscription options