Tony Benjamin expands Macleay Street, Potts Point presence with art gallery purchase

Tony Benjamin expands Macleay Street, Potts Point presence with art gallery purchase
Tony Benjamin expands Macleay Street, Potts Point presence with art gallery purchase

Tony Benjamin, the $12.7 million buyer of the Potts Point premises sold by pub baron Justin Hemmes, has bought a strategic adjoining holding within the heritage row of 1905 Queen Anne-style terraces.

He’s paid $2.45 million for the 180 square metre art gallery space on the rear ground floor of the Yellow House.

Yuill/Crowley occupy the Macleay Street premises which comes with a 130 square metre basement.

The $13 million corner site has a 373 square metre floorplate occupied by Arida Fashion and the now closed Fish Shop.

The third piece of the jigsaw, the two-star Holiday Lodge, has been owned by Benjamin (inset) since paying $3.29 million in 2009.

There are whispers Benjamin plans a boutique hotel although previous endeavours have failed to proceed.

The Benjamin family made their fortune in Queensland bulky goods outlets.

This article was first published in the Sunday Telegraph. 

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