More cars making way for city apartments

By Marc Pallisco
Updated November 1 2014 - 1:18am, first published 12:15am
An 85-hectare Mornington site only four kilometres from the beach is expected to fetch $5million. Photo: Wayne Taylor
An 85-hectare Mornington site only four kilometres from the beach is expected to fetch $5million. Photo: Wayne Taylor
The City Lexus dealership at 551-575 Elizabeth Street has sold for a speculated $15.5 million.
The City Lexus dealership at 551-575 Elizabeth Street has sold for a speculated $15.5 million.

A surge in developer interest is expected to drive another car dealership out of prime city digs within a few years.

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