There is more than one layer to this ghost sign, at the rear of 20 Margaret Street, Moonee Ponds, Victoria 3039. Under the words Astro Furniture and Gifts, I can make out:

MirabellaTravel
Bagenzia Viaggi
“Che Si Distingue”
Moonee Ponds Branch

There is a character I can’t identify at the end of the word “travel”.