LEXUS of Blackburn – whose radio advertisements wake tens of thousands of Victorians ahead of 3AW’s popular Rumour File – has itself settled speculation it has made a major property play.

The prestige car dealership is understood to have paid about $12 million for News Limited’s former Leader Newspaper facility at 160 Whitehorse Road, near its existing facility at 146 Whitehorse Road.

Lexus will develop an iconic, new car facility on the site at the corner of Railway Road and near the Blackburn train station – set to highlight the brand’s environmental credentials.

Read more...