301 Flinders Lane was sold to an education group for about $24 million.
However, a more recent report shows intercompany loans of $13.3 million were made from Harrolds Logistics to entities controlled by the Poulakis family, and MacNeil was looking to recoup the cash. He did not return inquiries, and Ross Poulakis said he was unavailable to comment or discuss the matter.
Cushman & Wakefield’s Oliver Hay and Daniel Wolman are handling the property but declined to comment. It’s understood they also sold 301-311 Flinders Lane.
Meanwhile, former Harrolds staff have recently revived the retailer’s operations in Sydney.
Harcourt
Dermatologist Rod Sinclair, developer of the “hairy pill”, is offloading a property on Royal Parade in Parkville that he bought in 2021 with plans to develop a new clinic.
Records show a company co-owned by Sinclair acquired Harcourt in 2021, paying Trinity College $3.85 million.
The 100-year-old building at 35-39 Royal Parade, on the corner of Morrah Street, is on a 551 sq m site and expected to fetch about $4.5 million.
35-39 Royal Parade, Parkville.
Sinclair, who is also a professorial fellow in the Department of Medicine at the University of melbourne, is renowned for the “hairy pill”, a drug that…