Moonee Ponds Junction Club sold

Moonee Ponds Junction Club sold
Staff ReporterFebruary 7, 2017

the junction Club in Moonee Ponds has been sold to the Moonee Valley Racing Club for more than $3 million.

The newly-redevelopment hotel features 80 gaming machines, sports bar, TAB facility, bistro and is near the Puckle Street retail strip.

The Victorian Harness Racing Club will continue to operate from their Melton headquarters.

CBRE’s Scott Callow and Will Connolly negotiated the sale. 

Mr Callow said several high profile clubs competed for the acquisition of the business, which is a rare offering in the current market.

 

Editor's Picks

Where to buy a new apartment on the Sunshine Coast in 2025
First look: Rose Bay's downsizer push continues
Blackburne files for "most exciting new apartment development yet" in South Perth
Construction underway at Deicorp’s Melrose Central in Melrose Park
Albero in Greensborough brings walkability and green access to the fore