Australia's former top brothel still looking for a buyer after 2+ months on the market
newscatcher
2023-09-12 01:36
Australia's former top brothel still looking for a buyer after 2+ months on the market
A brothel in Melbourne's southeast is still on the market after more than two months. Australia's former top brothel is proving sex does not sell after failing to find a buyer in more than two months. Club 8, located in an industrial precinct of Springvale in Melbourne's southeast, hit the market in late June with price hopes of about $2.1m-$2.2m. This sex den would return a yield of about 6 per cent for the investor who decides to take it on, with the club currently returning an annual rental income of $135,000.

https://www.realcommercial.com.au/news/australias-former-top-brothel-still-looking-for-a-buyer-after-2-months-on-the-market

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