Smiles all around after Manchester Unity, Melbourne auction

Smiles all around after Manchester Unity, Melbourne auction
Smiles all around after Manchester Unity, Melbourne auction

One of reportedly only three apartments remaining in the Melbourne CBD Manchester Unity building fetched $770,000 at weekend auction.

Agent Meadow Partners had been offering a pre-auction price range as $730,000 plus.

The buyer was Dr Kia Pajouhesh, the managing director of Smile Solutions, who will expand his dental practice in the 1930s building.

The 1005/220 Collins Street offering with 94 sqm space had windows overlooking Melbourne Town Hall from its Swanston Street aspect.

It last traded at $591,000 in 2009.

In 2012 Kia Pajouhesh, the Melbourne dentist who established Smile Solutions, bought the 39th whole-floor Royal Domain Tower sub-penthouse. With 557 square metres space it was sold by Joanne Cookes, the wife of former Venture Stores Group owner Colin Cookes.

Tags: 
Auctions Residential Sales

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