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Offline dodger

  • Tommy Gunna

  • Joined: Dec 2009

  • Location: Melbourne



Offline Aircon

  • Master Baiter 300kph+ club
  • Who said it couldn't be done?

  • Joined: Mar 2007

  • Drives: Pork
  • Location: Melbourne, Australia
  • Name: Peter
Wow !!!

holy shit! I noticed it was for sale when I drove past the other day. Lovely building. Nice purchase, I'd say.
I love my car. Buy your own



Offline E7ITE


  • Joined: Jun 2008

  • Location: Perth, WA

"Plesased"?  Don't they proof read their media releases?

 :doh:



Offline dodger

  • Tommy Gunna

  • Joined: Dec 2009

  • Location: Melbourne






Offline mondi

  • Resident Bogan
  • Moderator

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Offline dodger

  • Tommy Gunna

  • Joined: Dec 2009

  • Location: Melbourne
were you outbid?

A case of VB didn't cut it.
But knowing Fairfax it would have come a close second.



Offline Richie

  • I need Lambo drugs...

  • Joined: Dec 2008

  • Drives: my wife crazy
It cost $220m to build in 2003  :doh:

They can claim loss/depreciation on that which might work out well for them IF they know they are having a big earning this year... Shareholders' money..






Offline hydie


  • Joined: May 2009

  • Location:
  • Drives:
Zagame outlines plan for old The Age printworks

Quote
MELBOURNE car dealership magnate Bobby Zagame will transform the iconic former Fairfax Media printworks into a pre-delivery and parts distribution centre, with further plans to use the site for panel repairs and as a sales outlet for trade-in vehicles.

Located beside the Tullamarine Freeway close to Melbourne airport, the landmark ribbed steel structure that features a glass tower in the shape of a rolled-up newspaper will provide Zagame Automotive with almost 500 metres of high-profile frontage on a busy stretch of road.

Speaking with GoAuto, Mr Zagame outlined his plans for what he described as a bigger and more convenient location into which existing pre-delivery and parts distribution operations for all the brands his company represents will shift by the end of this year.

“We are also looking at panel repair as well as a wholesale direct outlet – there are a number of angles because it is big enough for us to do a few things with it over time,” he said.

“Because we trade so many cars, it’d be like a big warehouse outlet for trade-ins, direct to the public.”

Mr Zagame hopes to have moved into the new site by the end of this year, with most of the planned operations “underway by the beginning of next year”.

Asked whether the giant rolled-up newspaper will remain, Mr Zagame said efforts would be made to integrate it with his company’s signage.

“It probably cost a fortune to put there, we’d be mad to take it down,” he quipped. “There are a lot of signage opportunities along the whole building,”

Contracts were exchanged this week in a $16 million deal that is expected to reach settlement on September 21 – a far cry from the $220 million Fairfax sunk into the site before it opened in 2003, only to close it in mid-2014 as the company restructured in response to plummeting print volumes.

“We’d been looking at it for a number of years, and then of course when it was empty we thought, ‘you know, that’d be a good site’ but not knowing how much they wanted for it,” revealed Mr Zagame.

“But over time, like anything, people couldn’t quite make it work for them and what they’d do for it – but for us it’s a great spot to do something with and a great position. So when the opportunity came I’ve taken it.”

Among the brands sold by Zagame Automotive dealerships are Abarth, Alfa Romeo, Audi, Ferrari, Fiat, Maserati, Morgan, Lamborghini, Lotus and Skoda.

http://www.goauto.com.au/mellor/mellor.nsf/story2/3EEDB44EB3F81143CA257E9900069470



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