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Market Insights

13.03.2019

Brighton socialite Coral Knowles buys Sorrento’s Sportsgirl for $4.07m

“The strong bidding is a positive sign for the wider Victorian strip retail market, particularly given that there are only 2.5 years remaining on the Sportsgirl lease,” Mr James said.

“It highlights the depth of capital in the market seeking well-located retail investments. The campaign generated significant interest from locals who either own a holiday home or live nearby. We’re also fielding increasing interest in Mornington Peninsula investments from offshore parties.”

Click here to read the full article on the Australian Financial Review website

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