Roche family secures $58 million plus for former Balmain Nutrimetics HQ
Jonathan ChancellorDecember 7, 2020
The Roche family has secured $58 million plus for its Balmain waterfront industrial site, the former headquarters of their former Nutrimetics cosmetics business.
Toga Group is believed to be the buyer of 100 Elliott Street, according to the Australia Financial Review.
It is a 12,375 square metre site - with development approval for 121 apartments - on the banks of the Parramatta River.
Knight Frank agents Peter Krieg and Domenic Ong marketed the property which had a 30 July expressions of interest deadline.
Bill and Imelda Roche sold Nutrimetics to the Sara Lee Corporation in 1997.
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Jonathan Chancellor
Jonathan Chancellor is one of Australia's most respected property journalists, having been at the top of the game since the early 1980s. Jonathan co-founded the property industry website Property Observer and has written for national and international publications.
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