$12 million offer on Country Energy building declined

A LARGE for sale sign advertising a multi-million dollar building in town was hard to miss in the window of Port City Realty. 

The 6000 square-metre building on Buller Street, rented by Country Energy for a lazy $1.5 million a year, almost sold. 

The real estate agency had plenty of bites from Sydney buyers, with one going right down to the wire with a more than $12 million offer. 

But, the owners turned the offer down and have decided to keep the asset.

Smartphone
Tablet - Narrow
Tablet - Wide
Desktop