Gross Waddell ICR - 3 Key July Transactions


Gross Waddell ICR - 3 Key July Transactions

195 ARGYLE STREET, FITZROY

Gross Waddell ICR is delighted to announce the sale of 195 Argyle Street, Fitzroy.

The property was sold prior to the campaign launch and follows the recent sales of 87 – 89 Moor 

Street, Fitzroy and our current campaign at 430-434 George Street, Fitzroy.

Sale highlights include:

Sale Price: $4,500,000

Land Rate: $9,090* psm

* approx.

For further information, please contact:

Alex Ham
0410 545 226
aham@gwicr.com.au

Michael Gross
0419 355 561
mgross@gwicr.com.au

Gross Waddell ICR is pleased to announce the sale of the value-add opportunities on 1 day. 191 - 199 Springvale Road, Springvale and 2 - 4 Vale Street, St Kilda. Both properties offer significant development potential but were purchased by owner occupiers or value-add operators who will look to extract future development potential from each respective properties in years to come. 

DOUBLE SHOWRROM SALE

191 - 199 SPRINGVALE ROAD, SPRINGVALE

Prominently positioned on Springvale Road, these two (2) showrooms offer a substantial building 

area, feature excellent rear street access and Commercial 1 zoning.

Having contracted the property in late 2020, this is the second time Gross Waddell ICR has sold the 

property in a matter of months.

Sale highlights include:

Sale price: $2,775 million + GST

Building Rate: $2,489 p/sqm*

Buyer: Owner occupier

Short settlement

*approx.

For further information, please contact:

Danny Clark
0448 066 889
dclark@gwicr.com.au

Andrew Greenway
0409 547 626
agreenway@gwicr.com.au

SOLD OFF MARKET

2 – 4 VALE STREET, ST KILDA

The property was sold prior to the campaign launch and follows the recent sale of 344-360 St Kilda 

Road, St Kilda for $7,900,000 and our current campaign at 46-52 St Kilda Road, St Kilda.

Situated on 580 sqm* of land, the building offers potential for short-term holding income with short 

to medium term development potential.

Sale highlights include:

Sale price: Circa $3.8 million

Land rate: $6,500* p/sqm

Buyer: Value-add operator- future developer

* approx. 

For further information, please contact:

Danny Clark
0448 066 889
dclark@gwicr.com.au

Michael Gross
0419 355 561
mgross@gwicr.com.au

Richard Lowe
0425 742 777
rlowe@gwicr.com.au

191 199 Springvale
195 ARGYLE STREET FITZROY
2 4 Vale Street

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Ready Media Group
Ready Media Group
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Joined Oct, 2020
Ready Media Group provides up-to-date business and industry content covering the latest transaction activity, exclusive insights and interviews with thought leaders from across Australia.

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