Melbourne investor buys Republic Tower, Quanjude restaurant strata space
Jonathan ChancellorDecember 7, 2020
The basement restaurant space in the Republic Tower at 299 Queen Street has been sold.
It is leased to the Quanjude Peking Duck Restaurant with options until 2022.
The sale price achieved by CBREs Tom Tuxworth, Ed Wright and Nick Lower has been speculated as $3.6 million.
With ground floor lobby and basement space, there is 733 square metre of strata retail.
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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