Level 1, 30 Collins Street
Melbourne VIC 3000
Down the Coburg end of Bell Street, community health outfit Merri Health has sold its landmark premises on the corner of Sydney Road for $5.09 million. The two-storey red brick property was purchased by Base Group’s Harry Fung on a tight 1.68 per cent yield and a strong land rate of $6760 a sq m. “I’ve always had an emotional connection to the area as this is where our family established themselves when they first came out to Australia. I have fond memories of this building as I walked past it every day on the way to school,” Fung said.