Investor Yucai Group has sold its 310-square-metre Melbourne central business district office for $1.86 million, a 20 per cent gain on the price it paid just 24 months ago.
Yucai, which has stakes in mining tiddlers Dakota Minerals and Kingston Resources, was benefiting from the strong property market, director Wade Guo said.
Loading...
Michael Bleby covers commercial and residential property, with a focus on housing and finance, construction, design & architecture. He also dabbles in the business of sport. Michael is based in Melbourne. Connect with Michael on Twitter. Email Michael at mbleby@afr.com
