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Jellis Craig agent Simon Shrimpton marketed the asset on both occasions. He said the incoming owners from Melbourne's eastern suburbs, who plan to renovate the heritage property, outbid other prestige buyers and developers. Merlin Entertainments to sell alpine portfolio One of the world's most famous companies – Merlin Entertainments – is readying to sell an alpine property portfolio in central Mount Hotham. The 21 development sites have reserves as low as $100,000 and will be offered with attractive terms of sale including a 5 per cent discount on the auction purchase price for buyers who settle in less than 60 days. Long settlements and financiers offering low borrowing rates are also set to be offered at the auction being organised by John Castran, of Castran Alpine, in August. The same agent was behind a successful off-the-plan sell-down in Glen Waverley in 2015, where – anticipating demand – prospective purchasers had to pay a $2500 fee for access into the display suite. Merlin Entertainments, listed on the London Stock Exchange, is reportedly the second biggest visitor attraction operator in the world after Disney. Last year, a retreat Merlin Entertainments occupies in another alpine region, Dinner Plain, sold to a Singaporean investor for $4.8 million, who plans to convert it into a cancer clinic. A developer is paying a speculated $9 million for a permit-ready mixed-use development site in Surrey Hills, about 11 kilometres east of the CBD. The 352-358 Canterbury Road property covers 2553sq m and backs on to Surrey Gardens, near the Union Road retail village and Surrey Hills train station.5% It May Actually Save The Home Owner More Than $100 A Month If The Home Owner Decides To Refinance At The Lower Cost. Helpful Ideas On Fast Methods For Mortgage Broker Melbourne