Thursday, 28 July 2016
New South Wales
Gordon Office Building Sold (AFR Pg.32)
Aldi has acquired a 2,300m² office building at 810 Pacific Highway, Gordon for $26.5 million ($11,522/m² of floor area), reflecting a yield of 6.05%.
Campsie Residential Development Site Sold (AFR Pg.36)
Aranda Developments has acquired a 2,023m² residential development site at 70-72 Amy Street, Campsie for $7.5 million ($3,707/m² of land area).
Wetherill Park Warehouse Property Sold (AFR Pg.36)
Hallew Pty Ltd has acquired a 1,444m² warehouse property at 6/504 Victoria Street, Wetherill Park for $3 million ($2,078/m² of land area).
Clayton Retail Building Sold (AFR Pg.36)
A private investor has acquired a 250m² retail building at 338a Clayton Road, Clayton for $2 million ($9,091/m² of land area), reflecting a yield of 3.3%.
Brunswick East Retail Property Sold (AFR Pg.36)
A private investor has acquired a 156m² retail property at 134 Lygon Street, Brunswick East for $1.38 million ($8,846/m² of land area), reflecting a yield of 2.9%.
Bentleigh Residential Development Site Sold (AFR Pg.36)
A private developer has acquired a 1,405m² residential development site at 27-29 Jasper Road, Bentleigh for $3 million ($2,135/m² of land area).
Surfers Paradise Residential Development Site Sold (AFR Pg.36)
YHA has acquired a 769m² residential development site at 3 Beach Road, Surfers Paradise for $4.2 million ($5,462/m² of land area).
Spring Hill Office Building Sold (AFR Pg.36)
Lungaro partners has acquired a 434m² office building at 433 Upper Edward Street, Spring Hill for $2.07 million ($4,770/m² of NLA), reflecting a yield of 4.57%.
Robina Office Building Sold (AFR Pg.40)
Australian Unity Healthcare Property Trust has acquired a 4,404m² office building at 2 Investigator Drive, Robina for $26.225 million ($5,955/m² of land area), reflecting a yield of 7.7%.
#GordonOfficeBuildingSold #CampsieResidentialDevelopmentSiteSold #WetherillParkWarehousePropertySold #ClaytonRetailBuildingSold #BrunswickEastRetailPropertySold #BentleighResidentialDevelopmentSiteSold #SurfersParadiseResidentialDevelopmentSiteSold #SpringHillOfficeBuildingSold #RobinaOfficeBuildingSold