Increase Juice scion Riley Allis is promoting a Glen Iris funding property barely 18 months after getting his palms on the house.
The son of Shark Tank investor and enterprise mogul Increase Juice founder Janine Allis is making his personal mark on the company world after he and brother Oliver emerged because the patrons of the Yo-Chi frozen yoghurt model in Could this 12 months.
Yo-Chi had been owned by movie star chef George Calombaris, and it’s believed proceeds of the enterprise’ sale will go in direction of resolving money owed with the previous MasterChef choose’s MAdE catering firm’s collectors.
Data present Mr Allis, who’s in his early 20s, acquired the house at 17 Leopold Street in Could, 2019, listed it for lease at $750 per week in November final 12 months, then once more at $650 per week in October this 12 months.
It’s listed on the market at $1.2-$1.3m, with the potential for a modest rise from its $1.2m final sale.
Marshall White’s John Manton stated the three-bedroom home was in a handy location shut to move, parks, faculties and outlets.
“It’s a terrific alternative for a younger household or an investor to get into the Glen Iris market,” Mr Manton stated.
“It’s completely habitable now has potential for an replace down the road.”
The home goes to public sale at 10.30am December 5.