George Calombaris buys again in Surry Hills

George Calombaris buys again in Surry Hills
Staff reporterSeptember 15, 2015

Masterchef George Calombaris and his Made Establishment business partner George Sykiotis have bought again in Sydney's Surry Hills.

It is the building adjacent to the building secured earlier this year on the corner of Albion and Mary street costing $1.85 million.

"We did a site visit a few weeks ago and noticed next door was for sale so we purchased it," Fairfax Media was told.

It had an asking price close to $2 million through Steffan Ippolito from Oxford Agency having last sold in 2010 at $950,000. 

Made Establishment is planning a combination of two popular brands, Jimmy Grants and Gazi at the Surry Hills, Sydney location.

Earlier this month the celebrity chef George Calombaris' Gazi and The Press Club restaurants in Melbourne's CBD were sold to listed Singaporean real estate investment trust REIT Keppel for $8.61 million.

The restaurants, 2 Exhibition Street and 52 & 72 Flinders Street Melbourne were sold through an expressions of interest campaign in conjunction with CBRE’s Josh Rutman, Mark Wizel and Paul Tzamalis in conjunction with Fitzroys Chris Kombi and Paul Burns on behalf of vendor Cerberos Pty Ltd. 

Gazi and The Press Club attracts more than 170,000 visitors each year. 

Keppel REIT owns a 50% stake in the 2-8 Exhibition Street office development and two retail units and all five retail units at 2-8 Exhibition Street.

The property was sold with a long-term lease.

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