Sirius’ Neighbour Sells For $56 Million

The 99-year leasehold of the commercial space at 88 Cumberland St, The Rocks has been sold for $56 million. Neighbouring the controversial Sirius building, which is possibly slated for a high end apartments re-development, 88 Cumberland Street is a mixed-use commercial/residential building. 

The purchaser was Marks Henderson, a commercial property investment group founded in 2001 by Chris Marks and John Henderson, both of Victoria. The private company prefers buildings with quirk and…