Strata Owners To Sell As One

One of the more interesting properties on the market this week is 545 St Kilda Road in Melbourne. Interesting, because all 25 owners have come to an agreement to band together to sell the block of units as a whole. 

Formerly known as Sylvan, the building was built in the 1930’s and comprises a total of 25 units with one three-bedroom residential unit on level 2 and 24 units used as office/medical suites of three to five rooms. There are ten single garages on the rear boundary.

Although…