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

First look exclusive: Polycell files Sandpiper redevelopment plans after owner buyout
Inside Melbourne's new nature-based neighbourhoods
First look: Stockwell files for new Vulture Street, West End apartment tower
From Broadbeach to Main Beach: Why local downsizers are making the move to Drew Group’s Lagoon Main Beach
SMA Projects makes downsizing easier at The Regent Fitzroy with ‘Settle When You've Sold’ initiative