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Home›Shopping Site›George Taylor’s Iconic Stores Sell to Investor | The standard

George Taylor’s Iconic Stores Sell to Investor | The standard

By Shawn Bennett
January 23, 2022
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news, latest news,

One of the Southwest’s iconic commercial properties has sold, surpassing the $1 million mark. The George Taylor stores in Grassmere have been sold by First National Real Estate Warrnambool to a regional investor. Agent Christine Steere said the sale price “passed the million dollar mark” and the investor had a sentimental interest in the history of George Taylor stores throughout the district. She said there were no plans to change, with the investor “very happy” with George Taylor Stores as a long-term tenant. Ms. Steere said First National Real Estate responded to more than 30 inquiries during the sale process, with interest coming from across the state. “Negotiations are continuing for the Camperdown George Taylor Store site which is now proposed,” she said. Ms Steere said the Grassmere location was a “unique site”. “It’s a huge covered space,” she said. “There’s nothing else like it.” Now just one click away with our new app: Digital subscribers now have the option to receive information faster, at their fingertips with The Standard:

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SOLD: The George Taylor stores in Grassmere have been sold to a regional investor with a sentimental interest in the history of the iconic stores.  Agent Christine Steere said the selling price "crossed the million dollar mark"

SOLD: The George Taylor stores in Grassmere have been sold to a regional investor with a sentimental interest in the history of the iconic stores. Agent Christine Steere says sale price ‘passed the million dollar mark’

One of the Southwest’s iconic commercial properties has sold, surpassing the $1 million mark.

The George Taylor stores in Grassmere have been sold by First National Real Estate Warrnambool to a regional investor.

Agent Christine Steere said the sale price “passed the million dollar mark” and the investor had a sentimental interest in the history of George Taylor stores throughout the district.

She said there were no plans to change, with the investor “very happy” with George Taylor Stores as a long-term tenant.

Ms. Steere said First National Real Estate responded to more than 30 inquiries during the sale process, with interest coming from across the state.

“Negotiations are continuing for the Camperdown George Taylor Store site which is now proposed,” she said.

Ms Steere said the Grassmere location was a “unique site”.

“It’s a huge covered space,” she said. “There’s nothing else like it.”

Now just one tap with our new app: Digital subscribers now have the option to receive information faster, at their fingertips with The Standard:

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