Do You Have a Spare $20 million?

Do you have a spare $20 million?

A Melbourne landmark, the Skipping Girl, has been put on the market for the first time in 30 years with price expectations of $20 million or above.  
 
The landmark is located within the Victoria Gardens Riverside precinct featuring waterfront views and situated opposite the Victoria Gardens Shopping Centre.  

Why the ‘skipping girl’? 

For those not from Melbourne, you may be wondering where the name ‘The Skipping Girl’ came from.  

The iconic marker features a girl named “Little Audrey” with a skipping rope and the word ‘Vinegar’ underneath.  
 
The neon sign is believed to be the first animated neon sign in Melbourne.  

Why is the building for sale? 

Abbotsford has become a location of interest for a commercial hub due to the low vacancies of office space in Melbourne.  
 
The transaction of the sale is being handled by boutique funds manager, Vantage Property Investments. 
 
CBRE’s Josh Rutman, Scott Orchard and Lewis Tong alongside Colliers International will manage the campaign.  
 
Josh Rutman explained “It’s also buying into a fundamentally sound piece of commercial real estate; a large landholding in a highly desirable locale with a strong income stream and several future options for adding value”. 

About the Building 

In1970, the building become heritage listed as the Skipping Girl.   

The building is a four-level office complex located in the city-fringe precinct of Abbotsford.  

Do You Have a Spare $20 million? 

On 20 March 2020, the international expressions of interest campaign will close.  

It is expected that there will be a wide-range of interest in the building given the iconic status of the building and the location. 

Are you a Melbourne Developer? 

SSKB is the respected name in strata management with decades of experience managing Body Corporate and Owners Corporation developments across the east coast of Australia. 

SSKB Developer Consultancy is thoroughly up-to-date on the unique state legislative requirements in Queensland, New South Wales and Victoria. 
 
Click here to contact our team today to discover how we can minimise developer risk and increase profit margins.