The Gold Coast Bulletin

Shanahans to market

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SYDNEY’S Shanahan family could be poised to market its three-building Bermuda Point office-retail precinct overlookin­g the eastern end of Lake Orr at Varsity Lakes.

The family, which runs the Astoria group, apparently has received off-market offers for the property but feels it can do better with some open marketing.

Two years ago the Shanahans sold a near 3ha site at the western end of Lake Orr for $12.8 million.

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