PropertyCommercialCommercial real estatePrint articleExclusiveCentennial picks up Woolloomooloo landmark on 5pc yieldLarry SchlesingerReporterJan 29, 2020 – 8.30pmSaveLog in or Subscribe to save articleShareCopy linkCopiedEmailLinkedInTwitterFacebookCopy linkCopiedShare via...Gift this articleSubscribe to gift this articleGift 5 articles to anyone you choose each month when you subscribe.Subscribe nowAlready a subscriber? LoginTwo years after it was first put up for sale, the Hersch family finally found a buyer for one of Sydney's landmark commercial building, the City Ford site in Woolloomooloo.The Art Deco-style building at 75 Crown Street, occupied by Ford as a multi-storey showroom between 1938 and 2012, was bought by Sydney fund manager Centennial Property Group for more than $100 million on a yield of about 5 per cent.Loading...Larry Schlesinger was a reporter at The Australian Financial ReviewSaveLog in or Subscribe to save articleShareCopy linkCopiedEmailLinkedInTwitterFacebookCopy linkCopiedShare via...Gift this articleSubscribe to gift this articleGift 5 articles to anyone you choose each month when you subscribe.Subscribe nowAlready a subscriber? LoginLicense articleIntroducing your NewsfeedFollow the topics, people and companies that matter to you.Find out moreRead MoreCommercial real estateProperty developmentSydney landmarksSalesLatest In CommercialFetching latest articlesMost Viewed In PropertyThe Australian Financial Review Magazine‘We don’t want to die wondering’: Jo Horgan on Mecca’s biggest bet yetLauren SamsThis Brisbane restaurant deserves a Michelin starHow Ozempic and other GLP-1s are transforming much more than just waistlinesBOSS Financial ReviewHow the Macquarie CEO played a role in setting me up to lead MagellanSally PattenWhich AI course should I do?No work beyond 1pm on Fridays for this loose kidLife & LeisureBeautify your bedroom with a six-figure bed and chic Bauhaus lampEugenie KellyWhy this former MP has become our optimist in chiefDon’t miss round two of this Michelin-starred pop-up in SydneyRich ListLaurence Escalante gets real deep on Instagram benderHannah WoottonBillionaire furniture mogul’s $12m hinterland retreat smashes recordApartment prices in record jump to $19,000 per square metre
