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Music promoter Michael Coppel sells office tower for $35m

Live music and theatre promoter Michael Coppel has secured the biggest office sale in the Melbourne CBD so far this year after offloading a partially vacant B-grade building for about $35 million on a 4.6 per cent yield.

Mr Coppel, chairman of entertainment giant Live Nation Australia, and his fellow Melbourne investor George Blau, paid $10.7 million in December 2000 for the seven-storey office building at 333 Queen Street.

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Larry Schlesinger was a reporter at The Australian Financial Review

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    Original URL: https://www.afr.com/property/commercial/music-promoter-michael-coppel-sells-office-tower-for-35m-20230915-p5e4zg