PRIVATE developer Morry Schwartz is continuing to line his pockets, reaping $1.63 million from the sale of the fourth, of seven shops, at the ground level of his boutique 401 St Kilda Road complex.

All four sold shops have now sold to owner occupiers, including one to celebrity chef Shannon Bennett, which opened Cafe Vue at the premises last year.

Colliers International executive Bryson Cameron said the newest 401 retail owner plans to establish a boutique bottle shop in the St Kilda Road premises, which includes 148 square metres at ground level, and another 68 square metres in the basement.

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