SMH · general

Wealthy Melbourne family to sell $60m St Kilda boulevard office

4 hours ago

The James Richardson Group is selling a St Kilda Road office building for around $60 million. The 10-level tower at 479 St Kilda Road overlooks Fawkner Park and comes with plans for a $400 million redevelopment. Interest has surged from private buyers and developers seeking to capitalize on the prime location amid a shift towards residential.

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Summary by Glance · Original reporting by SMH

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