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  • Patrick Ewing

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).

Victoria

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).

Queensland

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%.

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