Thursday, 11 August 2016

Campbelltown Shopping Centre Sold (AFR Pg.29)

Fort Street Real Estate has acquired a 6.6ha shopping centre at 271 Queen Street, Campbelltown for $48.25 million ($7,310,606/ha of floor area), reflecting a yield of 6.5%.

North Sydney Commercial Property Sold (AFR Pg.34)

Noka Investments has acquired a 170m² commercial property at 253 Pacific Highway, North Sydney for $1.56 million ($9,177/m² of floor area), reflecting a yield of 3.3%.

Eastern Creek Industrial Property Sold (AFR Pg.34)

A private investor has acquired a 4,663m² industrial property at 6a Wonderland Drive, Eastern Creek for $8.6 million ($1,844/m² of floor area).

Yarrawonga Commercial Property Sold (AFR Pg.31)

A private investor has acquired a 14,640m² commercial property on the corner of Murray Valley Highway and Frank Drive for $11.5 million ($786/m² of floor area), reflecting a yield of 5%.

Melbourne Residential Development Site Sales Wrap (AFR Pg.34)

A private investor has acquired a 345m² residential development site at 91-95 Dudley Street, West Melbourne for $4 million ($11,594/m² of land area).
A private investor has acquired a 1,237m² residential development site at 37-47 Thistlethwaite Street, South Melbourne for $7.53 million ($6,087/m² of land area).

Darra Shopping Centre Sold (AFR Pg.30)

A private investor has acquired a 5,595m² shopping centre at 166 Monier Road, Darra for $24 million ($4,290/m² of floor area), reflecting a yield of 5.5%.

Mango Hill Educational Development Site Sold (AFR Pg.34)

LEAD Childcare has acquired a 1.52ha educational development site at 2 Halpine Drive, Mango Hill for $4.85 million ($2,190,789/ha of land area).

Apsley Commercial Property Sold (AFR Pg.34)

A private investor has acquired a 425m² commercial property at 1387 Gympie Road, Apsley for $3.8 million ($8,941/m² of floor area), reflecting a yield of 3.55%.

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