FARE PRICE – CAPITAL GAIN
Posted on 06 November 2021
Taxi moguls, the Gange family, are selling a three-storey CBD fringe office building.
The heritage listed property at 96-106 Pelham Street, Carlton is all but vacant and pitched squarely at the resurgent owner-occupier market.
Records show Gange Nominees' High View acquired the distinctive property in 1998 paying $2.23 million.
The 1357 sqm building was designed by architect Charles Webb and built in 1884 for the Banks & Co clothing manufacturing company.
Interestingly, Solomon Lew's clothing company Voyager also has a huge amount of space nearby.
The Gange office is on a 1253 sqm piece of land near Melbourne and RMIT unis and a short walk from new underground stations.
It is expected to sell for more than $10 million.
Vinci Carbone's Joe Carbone and Frank Vinci have the listing.
Expressions of Interest close in December.
The heritage listed property at 96-106 Pelham Street, Carlton is all but vacant and pitched squarely at the resurgent owner-occupier market.
Records show Gange Nominees' High View acquired the distinctive property in 1998 paying $2.23 million.
The 1357 sqm building was designed by architect Charles Webb and built in 1884 for the Banks & Co clothing manufacturing company.
Interestingly, Solomon Lew's clothing company Voyager also has a huge amount of space nearby.
The Gange office is on a 1253 sqm piece of land near Melbourne and RMIT unis and a short walk from new underground stations.
It is expected to sell for more than $10 million.
Vinci Carbone's Joe Carbone and Frank Vinci have the listing.
Expressions of Interest close in December.