Thursday, 15 September 2016
New South Wales
Sydney Residential Development Sales Wrap (AFR Pg.40)
A private developer has acquired a 3,181m² residential development site at 38 Marina Drive, Coffs Harbour for $3 million ($943/m² of land area).
JQZ has acquired a 1.7ha residential development site at 101 Waterloo Road, Macquarie Park for $200 million ($117,647,059/ha of land area).
Revesby Industrial Property Sold (AFR Pg.40)
A private investor has acquired a 1,790m² industrial property at 43 Marigold Street, Revesby for $3.35 million ($1,872/m² of floor area), reflecting a yield of 8%.
Lidcombe Office and Warehouse Property Sold (AFR Pg.40)
Gianni Nominees has acquired a 1,019m² office and warehouse property at 34-36 Adderley Street East, Lidcombe for $3.3 million ($3,239/m² of floor area).
Melbourne Residential Development Sales Wrap (www.smh.com.au)
A private investor has acquired a 446m² residential development site at 18 Moray Street, Southbank for $8.8 million ($19,731/m² of land area).
The site currently has an approved permit for 124 apartments ($70,968/dwelling).
A private developer has acquired a 810m² residential development site at 50 Montclair Avenue, Glen Waverley for $6.25 million ($7,716/m² of land area).
Fishermans Bend Industrial Property Sold (AFR Pg.31)
The Victorian Government has acquired a 37ha industrial property at 191 Salmon Street, Fishermans Bend for $130 million ($3,513,514/ha of floor area).
Melbourne Retail Sales Wrap (AFR Pg.40)
A private investor has acquired a 701m² retail property at 313-315 Whitehorse Road, Balwyn for $6.18 million ($8,816/m² of floor area), reflecting a yield of 6.08%.
A private investor has acquired a 375m² retail property at 5-9 Ferguson Street, Williamstown for $4.225 million ($11,267/m² of floor area).
#SydneyResidentialDevelopmentSalesWrap #RevesbyIndustrialPropertySold #LidcombeOfficeandWarehousePropertySold #MelbourneResidentialDevelopmentSalesWrap #FishermansBendIndustrialPropertySold #MelbourneRetailSalesWrap