This article is from the Australian Property Journal archive
A MODERN office showroom at 423 City Rd South Melbourne has sold for $1.65 million.
ICR Property Group’s Raff De Luise and Guy Naselli sold the property to private buyers, Anthony Baenziger and Susan Coles of Baeziger Coles Architects and Interior Designer.
The property was previously owned by an investor.
The two storey office/showroom building comprises 545 sqm of space. The first floor area of 267 sqm is made up of open plan working area with a partitioned meeting room and offices. The ground floor comprises 278 sqm of space..
“This evolving precinct will undergo a new change in the topographical landscape and density. Prices will continue to increase,” De Luise said.
Property Review