IT may have taken 23 years, but Barristers Chambers Limited has finally got its hands back on a prominent CBD property at the centre of Melbourne’s court precinct.
 
BCL, which is owned by the Victorian Bar Council, has paid $54 million, plus GST, for the Owen Dixon Chambers West office building at 525 Lonsdale Street, which it has occupied since 1986.
 
The purchase marks the end of a tumultuous 30-year association between the site, and BCL, which amongst other things, aims to provide members of the Bar with accommodation in close proximity to the Courts.

Read more...