Category Archives: for sale

Rick Damelian/For Sale – Leichhardt, NSW

If you owe $80m to creditors, lost eight car yards in the last year and failed to get any bids at all when you tried to sell your three Parramatta Road dealerships, chances are you’re Rick Damelian. Born in Uruguay to Armenian parents, Ricardo Damelian came to Australia in the 70s, and in 1978 started the Damelian Group. Establishing his dealerships along the high-visibility Parramatta Road at Leichhardt, Damelian changed the face of car sales by doing everything bigger and classier than his I’ll-appear-in-my-own-TV-ad competitors. Rick’s strip of dealerships contained a business centre which included a gym and a library, while rumours suggest a secret tunnel existed between the caryards and his volcanic island stronghold, which boasted a rocket launchpad, submarine base and a highly trained force of ninjas. Hey, they didn’t call Rick the ‘King of Taverners Hill’ for nothing.

Rick was known as ‘dealer to the stars’, but not for the reasons you may have heard. What it means is he sold cars to celebrities, if you count Lara Bingle as a celebrity. There’s one of Rick’s problems right there – if you sell an expensive car to someone with the surname Bingle, nothing will stop you when Larry Smash or Howard T-Bone walk onto the lot.

The motto of Rick’s dealerships was “The Best Place in the World to Shop for your Prestige Vehicle”. Rolls off the tongue, doesn’t it? This motto meant little towards the end, when to stop the cash haemorrhage Rick had lowered himself to *vomit* making cars affordable for families and lower income earners. The things you do for money, right?

As good as he was at selling cars, with $300m-a-year profits and more than 100 cars sold per week at his peak, Rick made some bad choices in his time. In 2003, he invested in struggling radio and phone company Strathfield Group, of Strathfield Car Radios fame. Both Rick and Strathfield went into receivership in 2011, with Strathfield holding on for a whole month longer than Rick did before the bean counters came knocking. Shoulda kept the money, Rick.

One of Rick’s major problems was that Honda, his bread and butter, had been hit hard by the Japanese tsunami. No supply meant no sales, and the big bosses in Japan were too busy placing saucepans under their dripping ceilings to return Rick’s calls. When Rick went under, his remaining cars were returned to their suppliers, which I’m sure was just what Honda wanted. How many of these cars were destined for low income families we can’t know, but we do know that they’re getting their deposits back from the Office of Fair Trading’s motor vehicle compensation fund, and NOT from Rick himself. That may seem unfair, but think about it from Rick’s point of view. As a low income family himself now, he’ll need those deposits to buy a 1994 Mazda hatchback to drive to Centrelink.

Another was that Rick’s brother Robert, thought to have been the mastermind behind the whole operation, left the Damelian Group in 2008 after a falling out with Rick, leaving only Rick’s flamboyance at the helm. Unfortunately, this was no longer the 80s – it just doesn’t fly anymore. Just ask Mad Barry. Of course, there was a lot of blame placed on the global economic crisis, and I’m sure that had *yawn* a lot to do with it, too. Robert’s apparent business savvy does not seem to have been shared by Rick; when the banks were encouraging him to start selling off his assets when his fortunes started to dip, Rick would ask for more than was offered every time, and would subsequently lose the sale. Maybe he wasn’t throwing in air conditioning and a three year warranty, those always help to sweeten the deal. Now that expressions of interest are being called again after the collapse, no one’s interested. I don’t see how the apartment building craze doesn’t catch on here, a few more ugly towers wouldn’t be out of place in the area.

Rick Damelian in more prosperous times

Car franchises held by Rick included Honda, Suzuki, Saab (pfft), Renault, Citroen, Fiat, Alfa Romeo and Skoda. All the high quality showrooms in the world won’t help you when no one is buying what you’re selling, and given the number of SUVs and 4WDs on the road these days (oh, and bicycles of course, City of Sydney), it’s no surprise first time buyers or those on a budget weren’t spending cash at Rick’s, despite his library and gym.

When the saga ended in October 2011, Rick’s business was 33 years old, five years older than his third wife.

While the money men behind the scenes struggle to sell off what are turning out not to be assets at all, Rick’s showrooms sit quiet and empty on Parramatta Road, waiting in limbo, like so many other places in Sydney, for their next life. Let’s take a look around.

This was Rick’s prestige car lot, and I believe it was his first car dealership on Parramatta Road. These days, the Peak Hour Parramatta Road Car Yard (™) has more cars than this.

WE’VE MOVED, says the big red lettering, and at first you assume that’s the reason the dealership is empty. But then you look over the road next to Honda, and see that that’s empty too. No big red letters there, though.

What’s wrong with this picture? Notice anything missing? So synonymous was Rick’s name with cars that he didn’t even need to put the word ‘cars’ on his sign to let people know what he was selling. It probably helped too that the yard was once full of prestige cars. Didn’t he ever think it’d be empty?

Rick’s office chair is the only thing on either lot with wheels. It’s got arms too, so of course it’s on the prestige lot.

In a fit of rage, someone’s hurled Rick’s filing cabinet onto the empty lot. It couldn’t have weighed that much, I suppose. There wouldn’t have been much paperwork for Rick to file in the last few years.

Rick’s prestige lot has become one of Parramatta Road’s many ‘dealership dealerships’. They should have some fun with it: “GOOD NICK, ONLY 300,000 SALES ON THE DASH, ONE PREVIOUS OWNER ONLY TOOK IT OUT ON WEEKENDS OR SPECIAL OCCASIONS”.

Here’s that picture again, seen through a ‘Rick Damelian Simulator’.

Fully sick! There’s a fully licensed restaurant here! Rick should have had a Red-P licensed restaurant for the kiddies too, but since they weren’t customers, no dice. I set off the building’s alarm taking this photo, but I wasn’t exactly worried that Rick’s patrolians were coming to sort me out. Those guys don’t work for free.

It’s Ric’s Cafe! I’m guessing that by not calling it ‘Rick’s Cafe’, Rick was a. avoiding any copyright issues with Casablanca and b. liability free if anyone got sick, died or otherwise had an unpleasant dining experience. I like that the ‘N’ in ‘restaurant’ has come loose, giving it that dilapidated, derelict feel. I bet that happened when they shut the door on the last day. This was actually the first restaurant to be incorporated into an Australian car dealership’s premise. Guessing not too many caryards will be following the trend given how it worked out.

The weekly special at Rick’s Ric’s Cafe was a glass of white wine. Well, that IS special.

Rick (nor Ric) hasn’t got many customers today, but just in case business picks up, there’s more seating upstairs.

When the repo men came, they took the Ns first.

Here’s Rick’s Parts & Accessories office, complete with Rick’s trophy cabinet; much like the showrooms, it’s looking a little bare. Those flowers look very ‘with sympathies at this difficult time’, don’t they?

If your Rick Damelian needs service, you’d come here to get him fixed. Ricks generally run for about 40 years before they start to conk out, and when they do watch out: you don’t want to be around.

Dedicated to excellence is a mantra I can believe, because there sure isn’t anything else on this lot. Nice lounges in the waiting area; they’re presumably there for creditors, who’ll be waiting awhile.

Hey, congratulations Rick! Honda Dealer of the Year…no years running. Oh. Still, it’s no biggie – even Honda isn’t Honda Dealer of the Year these days.

When these showrooms eventually go, there’ll be little to remind Sydneysiders of the legitimate impact Rick made on the world of car sales. I propose that in recognition for all he’s done for motorists, the nearby footbridge over Parramatta Road should be renamed the Rick Damelian Overdraw – uh, I mean, Overpass.

Update: One year later, the fortune of Rick’s caryards has improved. Rick’s, on the other hand…

Sussex Street Public School/Flying Angel Seafarers Centre/For Sale – Sydney, NSW

Old school: Sussex Street Public School in the 1880s. Image courtesy NSW Dept of Education

Between 1878 and 1913, Sussex Street Public School was one of the ‘most important’ schools in Sydney. Here’s a former student’s testimonial:

SMH, 10 Jun 1908

And it goes on like that. Some people are whingers, aren’t they?

A notable former pupil was the late NSW Labor politician Frank Hill, who was implicated in a Communist Party infiltration of the ALP in the early 1940s. The reds were pushing a ‘Hands off Russia campaign” following the signing of the Molotov-Ribbentrop Pact, which would have meant Australian neutrality in the Second World War. Former NSW Premier Jack Lang was so opposed to everything about that that he withdrew from the ALP and started a new party called the ‘Australian Labor Party (Non-Communist)’. These goings-on led to the disintegration of NSW Labor in the 40s, prompting the Federal ALP to intervene and sort things out, and of course during all this nonsense the Russians became our allies anyway. Hill died in 1945, widely regarded as a dupe during the scandal. Imagine if he’d gone to an unimportant school.

Also in 1945, Hill’s old school was acquired by the Sydney Technical College and used in that capacity until 1990, when it was sold to the Sydney Bethel Union. They turned it into the Flying Angel Seafarers House, run by the Mission to Seafarers. Incidentally, the Mission to Seafarers was unfortunately known as the Mission to Seamen until 2000, when they changed their name “in recognition of the changes that had occurred in merchant services and in the world of seafaring”. Sure.

The Flying Angels decided in 2011 that they could help more seafarers down by the sea, and later this year plan to move to Walsh Bay. The building was subsequently put back on the market, and recently sold. It’s said that the Chinese Government was very close to buying the property at one stage…maybe Hill was more red than we thought?

Curtain Fabric Factory Outlet/For Sale – Homebush, NSW

Curtain shops are faced with a tough promotional challenge: on one hand, you need the windows clear so that people can see inside, but on the other, you’re a curtain shop without curtains. It’s a high stakes gamble, and these guys lost everything. Let’s hope the new owner is a spray paint factory outlet, eh?

KFC/For Sale – Mosman, NSW

Mosman KFC – it’s been closed since 2004, presumably because it was on Military Road and wasn’t a boutique fashion outlet. I think Mosman Council must have some kind of cull every now and then of shops that aren’t conforming to the Mosman style; prior to the 1950s, this site was a grand old house belonging to Mosman G.P. Dr. Geoffrey Mutton, complete with tennis court out the back. The tennis court is now the block of units at the top right of the picture, and here on Military Road we have the Colonel, now awaiting oblivion/development.

You can tell this outlet is old because it doesn’t feature or allow for a drive-thru system, and apparently it also acted as a car dealership at some point. It’s notable in the illustrious history of KFC as being the recipient of a visit from Colonel Sanders himself in 1976:

Colonel Sanders visits KFC Mosman, 1976. Image courtesy Gary Graham / Archive News Ltd.

Put some gloves on, Colonel.

Silk Road Noodle Bar/For sale – Homebush, NSW

On one hand, the Silk Road Noodle Bar has everything a functioning restaurant needs to advertise itself. On the other hand, it wasn’t open when it said it would be.

The restaurant occupies a pretty fascinating part of Parramatta Road. Across the road is the Horse & Jockey pub, the only reminder of the existence of the Homebush racecourse. Beside it is the Midnight Star function centre, a former theatre and squatter’s delight. With so much going on around it, “Gary” has managed to keep the Silk Road a mystery.

It bombards you with two sets of opening hours, yet doesn’t offer a phone number. BYO indeed.

RECENTLY REFURBISHED UPDATE:

Real estate agent Taylor Nicholas has added some interior shots of the Silk Road to its online listing in the hope of drumming up more interest. For those of you who are interested, but find it’s a bit out of your price range, check the relevant pics right here:

Silky...

Silky…

Very silky...

Very silky…

You can almost taste the silk from here. Thanks reader David for the heads-up!