Melbourne estate Shrublands has returned to the market with a $40 million guide two years after trading for $29 million, while CFO’s trade places in Sydney.
has returned to the market with a $37 to $40 million price guide after trading just two years ago for $29 million. The Canterbury property is being sold by low-key businessman Ali Ali, who purchased the 6,500 square metre Balwyn Road landholding from Anne and Michael Williams in 2021.
He also noted the property had already received international and interstate interest due to its residential and commercial potential, which include a business centre, function centre, offices, commercial kitchen and an attached but self-contained caretaker’s residence. The sale represents strong growth for the Flower Power CFO – representing $260,000 a year over 13 years for the property he picked up in 2010 for $1.82 million.Mr Spiteri along with founder Nick Sammut and his son and CEO John Sammut head up the successful gardening chain which has 10 stores across greater Sydney and has developed a cult-like following.
United Kingdom Latest News, United Kingdom Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Teen arrested after student stabbed at high school in Melbourne’s northA schoolboy is in hospital after he was stabbed at a high school in Reservoir. Police arrested a teenager shortly after the incident.
Read more »
Boy allegedly stabbed by another student at Melbourne schoolA teenager has been arrested over the alleged stabbing of another student at a school in Reservoir. 7NEWS
Read more »
Jetstar grounds flight to Melbourne after aircraft door faultJetstar passengers taking a service from Ho Chi Minh City to Melbourne were forced to stay in Vietnam overnight after the airline discovered an issue with an aircraft door.
Read more »
Melbourne man charged over alleged $5m bushfire extortion attemptA man has been accused of demanding $5 million from a Queensland emergency service, allegedly threatening to light a bushfire if the money was not transferred within three days.
Read more »
Teen arrested after stabbing fellow student at a Melbourne high schoolA worried parent has phoned into 3AW’s Neil Mitchell to share the exact moment a Year 9 student stabbed a classmate during an altercation.
Read more »
‘Buzzing’ Melbourne leads CBD retail recoveryMelbourne’s CBD rebounded so quickly last year that it is within striking distance of outstripping Sydney as Australia’s best-performing retail destination.
Read more »