New South Wales Chatswood Commercial Development (AFR) The owners of the 4,109m² commercial building at 845 Pacific Highway, Chatswood, NSW 2067 are aiming to sell the property with a new scheme allowing the building to be turned into a 37-storey office tower. The NSW planning department endorsed the Chatswood CBD Planning and Urban Design Strategy in August which will make Chatswood a more focused business district. While there has been no development approval yet, if conver

New South Wales Castlereagh Street Lease (AFR) Investa and Stockland have leased 196.5m² of office space at their A-grade office tower at 133 Castlereagh Street, Sydney, NSW 2000 to property developer CM Commercial. The suite is being leased at an annual rent of $1,000/m² ($196,500) for a 5-year lease. Queensland Auctioned Farm Site Sells for $14 Million (AFR) The 3185-hectare freehold cattle breeding and fattening property ‘Illuka’ was auctioned off with 11 bidders and event

New South Wales Bergman Family Sell Eastern Suburbs Apartment Block (AFR) Two brothers of the Bergman family have sold a large unit block comprising 2,007m² of NLA at 10 Henrietta Street, Waverley, NSW 2024 for about $20 million to a local investor ($9,965/m²). The property was built on a land holding of 2,309m²and has been held since the 1970 by the Bergman family. The block has 27 two-bedroom apartments and a shared pool and 25 under-cover parking spaces. Private Accommodat

New South Wales Stockland Invest in Multi-Million Logistics Site (AFR) Diverse property group Stockland has intensified its industrial development pipeline with the purchase of a 13.09-hectare site at Turner Road, Gregory Hills NSW 2557. The site was purchased for $47.13 million ($360.05/m²). Charter Hall Receive Lease Commitment for Logistics Park (AFR) Charter Hall’s future Woodpark Logistics Estate at 386-400 Woodpark Road, Smithfield, NSW 2164 has received its first indus

Queensland Stockland Malls Sold (The Australian) Stockland group has sold a pair of shopping malls located in Brisbane. The Stockland Cleveland Shopping Centre at 90-91 Middle Street, Cleveland QLD and the Toowong retail and commercial centre in Brisbane's southern suburbs were sold for a combined $143 million, reflecting a 2.9 per cent premium to combined book value. Victoria Melbourne's Rialto Tower Lease (AFR) A whole floor of office space in Melbourne’s Rialto Tower at 52

Victoria Shopping Centre Sold to Real Estate Fund Manager (AFR) Keilor Central shopping centre (80 Taylors Road, Keilor Downs VIC 3038) in Melbourne has been dealt to Real estate fund manager Fort Street for a reported $113 million. The previous owners of the 19,700m² centre situated on 9.1ha were ASX listed Vicinity Centres. The centre was sold on close to full occupation on an initial yield of 6.3% Stockland Continue to Sell (The Australian) Development mainstay Stockland h