Axiom Properties Limited

Spencer St, Melbourne

Formerly the HQ of The Age newspaper, Axiom, together with its joint venture partner, Industry Super Property Trust (ISPT), purchased this strategic site (15,200 sqm) in Melbourne's CBD for $66.1 million in February 2007 for a major commercial and retail redevelopment.

Following the onslaught of the GFC, Axiom divested its half interest to ISPT, following the successful sale of a residential component of the site, representing approximately 20% of the sites area, for $17m.

South Australia
Level 1, Leigh Chambers, 20 Leigh Street, Adelaide SA 5000
GPO Box 1248, Adelaide SA 5001
New South Wales
Suite 2007, Level 20 Australia Square
264-278 George Street, Sydney NSW 2000