Friday, 5 August 2016
New South Wales
North Sydney Office Building Sold (AFR Pg.34)
Deutsche Wealth has acquired a 1,188m² office building at 90 Arthur Street, North Sydney for $75 million ($63,131/m² of land area), reflecting a yield of 6.3%.
Collingwood Air Rights Sold (www.domain.com.au)
A private developer has acquired a 220m² rooftop with air rights for a multi-story residential development at 68 Oxford Street, Collingwood for $1 million ($4,546/m²of land area).