Thursday, 25 August 2016
New South Wales
Maitland Regional Centre Sold (AFR Pg.36)
Panthera has acquired a 11,000m² regional centre at 405 High Street, Maitland for $22.25 million ($2,023/m² of floor area).
Minto Industrial Property Sold (AFR Pg.40)
Warin Nominees has acquired a 1,892m² industrial property at 9a Pembury Road, Minto for $2.35 million ($1,242/m² of land area), reflecting a yield of 7.7%.
Moorebank Industrial Property Leased (www.smh.com.au)
Grosvenor Engineering Group has leased a 2,700m² industrial property for 5 years at 76 Heathcote Road, Moorebank for an undisclosed price.
Banksmeadow Office and Warehouse Property Leased (AFR Pg.35)
Alpha Flight has leased a 2,033m² office and warehouse property for 3 years at 14a Baker Street, Banksmeadow for an undisclosed price.
Windsor Commercial Building Sold (AFR Pg.30)
A private investor has acquired a 1,387m² commercial building at 168 Peel Street, Windsor for $6.5 million ($4,686/m² of floor area).
South Melbourne Office Building Sold (AFR Pg.30)
A private investor has acquired a 1,700m² office building at 19-25 Raglan Street, South Melbourne for $7 million ($4,118/m² of floor area).
Melbourne Retail Building Sales Wrap (AFR Pg.35)
A private investor has acquired a 120m² retail building at 205-207 Russell Street, Melbourne for $9 million ($75,000/m² of land area), reflecting a yield of 3.8%.
A private investor has acquired a 527m² retail building at 394 Victoria Street, Richmond for $2.8 million ($5,313/m² of land area), reflecting a yield of 3.6%
Revesby Industrial Property Leased (AFR Pg.35)
Verosol Australia has leased a 4,323m² industrial property for 5 years at 40 Marigold Street, Revesby for $110/m² net p.a.
Sandstone Point Shopping Centre Sold (AFR Pg.35)
Kerching Capital has acquired a 2,289m² shopping centre at 1 Bestmann Road, Sandstone Point for $10.4 million ($4,544/m² of floor area), reflecting a yield of 7%.
Brisbane Commercial Property Sales Wrap (AFR Pg.40)
A private investor has acquired a 253m² commercial property at 126 River Hills Road, Eagleby for $4.85 million ($19,170/m² of land area).
A private investor has acquired a 7,181m² commercial property at 502 Browns Plains Road, Marsden for $4.49 million ($625/m² of floor area).
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