ONE of Cheltenham’s biggest office buildings, in a convenient location next door to the massive Westfield Southland shopping centre, has sold for about $15 million to a private investor.

Sydney-based syndicate GDI has offloaded the 4 – 10 Jamieson Street office it purchased for $13.5 million about three years ago.

The 5792 square metre building was one of several assets offloaded in 2007 by Henkell Brothers Investment Management, at what is now considered the peak of that property cycle.

Read more...