Thursday, 18 August 2016

New South Wales

Maroubra Medical Centre Sold (AFR Pg.40)

• Hyde Investments has acquired a 607m² medical centre at 225 Maroubra Road, Maroubra for $8 million ($13,180/m² of floor area), reflecting a yield of 6.5%.

Darlinghurst Hotel Property Sold (AFR Pg.40)

• S.C.C.E. has acquired a 247m² hotel property at 114 Darlinghurst Road, Darlinghurst for $5.8 million (23,482/m² of land area), reflecting a yield of 7.4%.

Minto Warehouse Property Sold (AFR Pg.40)

• Warin Nominees has acquired a 1,892m² warehouse property at 9a Pembury Road, Minto for $2.35 million ($1,242/m²of floor area), reflecting a yield of 7.7%.

Victoria

Donnybrook Residential Development Site Sold (AFR Pg.39)

• Satterley has acquired a 68ha residential development site in Donnybrook for $34 million ($500,000/ha of land area).

Canterbury Office Suite Sold (AFR Pg.40)

• A private investor has acquired a 185m² office suite at 208 Canterbury Road, Canterbury for $1.555 million ($8,405/m² of floor area), reflecting a yield of 5.7%.

Brunswick Industrial Property Sold (AFR Pg.40)

• A private investor has acquired a 650m² industrial property at 41-43 Weston Street, Brunswick for $1.65 million ($2,539/m² of floor area), reflecting a yield of 3.68%.

Melbourne Retail Property Sold (AFR Pg.40)

• A private investor has acquired a 120m² retail property at 205-207 Russell Street, Melbourne for $9 million ($75,000/m² of land area), reflecting a yield of 3.8%.

South Melbourne Office Property Sold (AFR Pg.40)

• A private investor has acquired a 690m² office property at 24 Albert Road, South Melbourne for $4.57 million ($6,623/m² of floor area).

Richmond Commercial Property Sold (AFR Pg.40)

• A private investor has acquired a 527m² commercial property at 304 Victoria Street, Richmond for $2.8 million ($5,313/m² of floor area), reflecting a yield of 3.6%.

Queensland

Reedy Creek Shopping Centre Sold (AFR Pg.39)

• A private investor has acquired a 3,279m² shopping centre at 1 Kingsmore Boulevard, Reedy Creek for $20.5 million ($6,252/m² of NLA), reflecting a yield of 5.9%.

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