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Tuesday, November 15, 2011

DKLS buying Aussie property

KUALA LUMPUR: DKLS Industries Bhd has proposed to take part in the acquisition of a property in Melbourne for A$13.3mil (RM43.04mil).

The company told Bursa Malaysia the property in Bourke Street, Melbourne, comprised an existing building on 1,162 sq m.

The existing building was completed in 1931 and was utilised as Barristers Chambers. It comprises five levels plus basement, mezzanine and a rooftop caretakers unit. There are also two prime Bourke Street shops and six on-site car parks.

The gross building area of the existing building measures about 5,228 sq m.

The existing building is now vacant except for the two Bourke Street shops which have been leased to two separate retail tenancies.

DKSL said the existing building was ideal for a range of uses such as commercial owner-occupation, strata subdivision, investment or hotel conversion.

By Bernama

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