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  • Patrick Ewing

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).

Victoria

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).

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