ZAGAME FAMILY BANK PREMIUM FOR RIVERFRONT OFFICE - REAL ESTATE SOURCE
Posted on 08 May 2023
Harry the Hirer owner Rick Jamieson has purchased a warehouse converted office on the banks of the Yarra River, in Abbotsford, to occupy.
The five level red brick Austral Silk and Cotton Mills factory at 112 Trenerry Crescent is speculated to be costing just over $30 million – more than 20 per cent over guide when it was listed in March.
The Zagame family was the seller; it paid the Australian Education Union’s Victorian brand $21m in 2019 then upgraded the office space to A-grade and added end of trip facilities and an entrance foyer.
It also refurbished the bathrooms before launching a leasing campaign that year when the 4,252 sqm building with 122 car parks was marketed as Abbotsford’s best office.
The sale campaign which branded the property Yarra House, was managed by JLL’s Josh Rutman and Tim Carr with Vinci Carbone’s Frank Vinci and Joseph Carbone.
As well as owner occupiers, the agents targeted investors, securing two heads of agreements for potential whole building tenants.
https://www.realestatesource.com.au/zagame-family-bank-premium-for-riverfront-office/
The five level red brick Austral Silk and Cotton Mills factory at 112 Trenerry Crescent is speculated to be costing just over $30 million – more than 20 per cent over guide when it was listed in March.
The Zagame family was the seller; it paid the Australian Education Union’s Victorian brand $21m in 2019 then upgraded the office space to A-grade and added end of trip facilities and an entrance foyer.
It also refurbished the bathrooms before launching a leasing campaign that year when the 4,252 sqm building with 122 car parks was marketed as Abbotsford’s best office.
The sale campaign which branded the property Yarra House, was managed by JLL’s Josh Rutman and Tim Carr with Vinci Carbone’s Frank Vinci and Joseph Carbone.
As well as owner occupiers, the agents targeted investors, securing two heads of agreements for potential whole building tenants.
https://www.realestatesource.com.au/zagame-family-bank-premium-for-riverfront-office/