Last Drinks in Epping
A drinks machinery business has sold its headquarters in Epping, Victoria, in a deal negotiated by agents of ICR Property Group. The sale of The Beverage Food Group’s property at 47 Yale Drive, Epping, is understood to be part of a business restructure by the company.
ICR Property Group agent Raff De Luise, negotiated the sale of the property at a price that was not disclosed. The 2672 sqm office and warehouse on a 4700 sqm site was sold with vacant possession to a local steel manufacturer.
The sale of the property concludes an 18-month business restructure by the Group, which will be relocating to 24-26 National Boulevard, Campbellfield. Mr Naselli said that the sale highlights the activity surrounding Epping, due to its close proximity to the Epping Plaza, Northern Hospital and the new wholesale fruit and vegetable market
relocating from Footscray.
The Australian Financial Review – Friday, January 2011