680-682 Elizabeth Street, Melbourne

thumb image

$3.2m for flag shop

A Historic building at the city’s northern tip, famous for being the long-time home of Evans Evans Flags, has sold to boutique furniture store Corporate Culture Australia, which will relocate its gallery from Flinders Lane.

Corporate Culture Australia has paid $3.26 million for the 1300-square-metre 680-682 Elizabeth Street building, near the Haymarket roundabout, which is earmarked for a wave of development.  Evans Evans, which relocated to Collingwood some years ago, supplied the flags that used to soar in the middle of the busy roundabout. ICR Property Group’s Raff De Luise marketed the building.

The Age – Saturday, November 28, 2009