Monday, 22 August 2016
New South Wales
Sydney Auction Clearance Rates (www.apm.com.au)
Sydney recorded an auction clearance rate of 84% over the weekend with 492 properties listed.
Auburn Business Park Sold (www.theaustralian.com.au)
China Lesso Group Holidngs has acquired St Hillier’s Estate at 79-99 St Hillier’s Road, Auburn for $65 million ($2,579/m² of building area).
The business park comprises 25,200m² of building area and occupies a 3.5ha land area ($18,571,428/Ha of land area).
Melbourne Auction Clearance Rates (www.apm.com.au)
Melbourne recorded an auction clearance rate of 80% over the weekend with 522 properties listed.