Thursday, 4 August 2016

New South Wales

Tenterfield Retail Property Sold (AFR Pg.40)

• A private investor has acquired a 3,105m² retail property at 378 Rouse Street, Tenterfield for $2.5 million ($805/m² of floor area).

Sydney Commercial Sales Wrap (AFR Pg.40)

• A private investor has acquired a 2,141m² commercial property at 76 Dandaloo Street, Narromine for $4.18 million ($1,952/m² of floor area).

• A private investor has acquired a 695m² commercial property at 22 East Parade, Eastwood for $3 million ($4,317/m² of floor area).

Mascot Mixed-Use Development Site Sold (AFR Pg.40)

• A private developer has acquired a 1,628m² mixed-use development site at 577-579 Gardeners Road, Mascot for $12.35 million ($7,586/m²of land area).

• The property has approval for 43 units ($287,209/dwelling) as well as a 50m² retail space.

Victoria

Melbourne Commercial Sales Wrap (AFR Pg.32)

• A private investor has acquired a 1,572m² commercial property at 154-158 St Kilda Road, St Kilda for $10.2 million ($6,489/m² of floor area), reflecting a yield of 2.73%.

• A private investor has acquired a 2,578m² commercial property at 786 Whitehorse Road, Box hill for $8 million ($3,103/m² of floor area), reflecting a yield of 2.13%.

• A private investor has acquired a 1,684m² commercial property at 151-159 Victoria Parade, Fitzroy for $9.6 million ($5,701/m²of floor area), reflecting a yield of 1.53%.

Melbourne Office Property Sold (AFR Pg.40)

• A private investor has acquired a 434m² office property at Level 1, 171 La Trobe Street, Melbourne for $2.2 million ($5,069/m² of floor area), reflecting a yield of 5.36%.

Burwood Residential Development Site Sold (AFR Pg.40)

• A private developer has acquired a 672m² residential development site at 184 Burwood Highway, Burwood for $1.32 million ($1,964/m² of floor area).

#TenterfieldRetailPropertySold #SydneyCommercialSalesWrap #MascotMixedUseDevelopmentSiteSold #MelbourneCommercialSalesWrap #MelbourneOfficePropertySold #BurwoodResidentialDevelopmentSiteSold