Thursday, 2 March 2017
Victoria Melbourne Retail Property Sold (www.afr.com) A foreign investor has acquired a 730m² retail property at 405 Collins Street, Melbourne for $4.64 million ($6,356/m² of lettable area), reflecting a yield of 3.97%. Queensland Lytton Office and Warehouse Property Sold (www.afr.com) A private investor has acquired a 1,996m² office and warehouse at 59 Export Street, Lytton for $3.655 million ($1,831/m² of lettable area), reflecting a yield of 7.44%. Springwood Mixed Use Dev