General
$165m Sale on St Kilda Road

In yet another strong CBD fringe sale, the Five0Nine Building at 509 St Kilda Road has reportedly sold for about $165 million.
The property was placed on the market in August by Josh Rutman and Luke Etherington of CBRE Melbourne. The vendor was 509 SKR Pty Ltd, a private company owned by property developer, John Beville of Darling Point.
The buyer is undisclosed at this point though a caveat registering an interest in the freehold estate of the property was lodged in late October by Da…

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