Wednesday, 24 August 2016

Victoria

Oakleigh South Development Site Sold (www.smh.com.au)

• Bupa has acquired the 1.83ha former Oakleigh South primary school at 1 Beryl Avenue, Oakleigh South for $23 million incl GST ($1,257/m² of land area).

• The site has a Development Application lodged for a 67 dwelling town house project ($343,284/proposed dwelling).

Oakleigh Office Building Sold (www.smh.com.au)

• Ash Financial Services has acquired a 165m² office building at 13 Station Street, Oakleigh with vacant possession for $1.22 million ($7,394/m² of lettable area).

Cremorne Office Building Sold (www.smh.com.au)

• A private investor has acquired a 665m² office building at 110 Cubitt Street, Cremorne for $5.04 million ($7,570/m² of lettable area), reflecting a yield of 6.25%.

Richmond Warehouse Property Sold (www.smh.com.au)

• An owner occupier has acquired a 624m² warehouse at 11-13 Cubitt Street, Richmond for $5.1 million ($8,173/m² of building area).

Clayton South Warehouse Property Sold (www.smh.com.au)

• A private investor has acquired a 5,844m² warehouse at 63-69 Fairbank Road, Clayton South for $6 million ($1,027/m² of building area), reflecting a yield of 7.3%.

Richmond Retail Building Sold (www.smh.com.au)

• A private investor has acquired a 527m² retail building at 394 Victoria Street, Richmond for $2.8 million ($5,313/m² of lettable area), reflecting a yield of 3.6%.

Clayton South Office and Warehouse Property Sold (www.smh.com.au)

• An owner occupier has acquired a 611m² office and warehouse property at 126-134 Fairbank Road, Clayton South for $850,000 ($1,391/m² of building area).

Dandenong South Industrial Property Sold (www.smh.com.au)

• Glamourflage has acquired a 3,510m² industrial property at 42-52 Arkwright Drive, Dandenong South for $4.4 million ($1,254/m² of building area).

Dandenong South Warehouse Property Sold (www.smh.com.au)

• An owner occupier has acquired a 1,762m² warehouse at 37-39 Ordish Road, Dandenong South for $1.888 million ($1,072/m² of building area).

Melbourne Office Space Leased (www.smh.com.au)

• Encoo Communications have leased 120m² of office space for 5 years at 15 Queen Street, Melbourne for an undisclosed figure.

• Recordpoint have leased 123m² of office space for 3 years at 15 Queen Street, Melbourne for an undisclosed figure.

Dandenong South Industrial Property Leased (www.smh.com.au)

• A private company have leased a 1.5ha industrial property for 5 years at 57-67 Letcon Drive, Dandenong South for $119/m² net p.a.

Dandenong Distribution Facility Leased (www.smh.com.au)

• Access Service Australia have leased a 2,070m² distribution facility for 5 years at 32 Healey Road, Dandenong for approx $75/m² p.a.

Melbourne Office and Warehouse Property Leased (www.smh.com.au)

• A private company has leased a 605m² office and warehouse property for 3 years at 4 Westside Avenue, Port Melbourne for $140/m² net p.a.

Dandenong South Office and Warehouse Property Leased (www.smh.com.au)

• Fulton Hogan has leased a 2,810m² office and warehouse property at 5 Fowler Road, Dandenong South for $92.5/m² p.a.

Lynbrook Office and Warehouse Property Leased (www.smh.com.au)

• Avem has leased a 2,507m² office and warehouse property for 5 years at 9 Business Park Drive, Lynbrook for $81.7/m² p.a.

Notting Hill Office Space Leased (www.smh.com.au)

• Clean TeQ has leased a 479m² office suite for 5 years at 21 Howleys Road, Notting Hill for $282/m² p.a.

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