Tuesday, 4 October 2016
New South Wales
Sydney Office Lease Wrap (www.afr.com)
BT Australasia has leased a 1,400m² office space for 6 years at 76 Berry Street, North Sydney for $661/m² gross p.a.
Sydney Office Building Sold (www.afr.com)
Kador Group has acquired an 8-level office building at 235 Pyrmont Street, Pyrmont for $80 million ($7,527/m² of NLA), reflecting a yield of sub-6%.
The building comprises 10,628m² of NLA.
Kogarah Development Site Sold (www.afr.com)
JQZ has acquired a 3.3ha development site at 152-206 Rocky Point Road, Kogarah for $80 million ($2,424/m² of land area).
South Granville Development Site Sold (www.afr.com)
A private developer has acquired a 10ha development site at 54 Ferndell Street, South Granville for $55 million ($550/m² of land area).
Sydney Industrial Sales Wrap (www.afr.com)
An foreign investor has acquired 5,169m² industrial building at 239-251 Woodpark Road, Smithfield for $7.3 million ($1,412/m² of building area), reflecting a yield of 7.67%.
Leda Holdings has acquired an 8,053m² industrial site at 727 The Horsley Drive, Smithfield for $4.25 million ($528/m² land area).
North Lakes 53 Pty Limited has acquired a 1,212m² industrial property at 441 Victoria Road, Gladesville for $3.9 million ($3,218/m² of land area).
Melbourne Development Site Sold (www.afr.com)
Aurumstone Group has acquired a 431 unit permit approved development site at 299 King Street, Melbourne for $44 million ($102,088/approved unit).
Melbourne Office Lease Wrap (www.afr.com)
Fiserv has leased an 828m² office space for 5 years at 369 Royal Parade, Parkville for $310/m² net p.a.
Melbourne Industrial Lease Wrap (www.afr.com)
Wheadons Freight Management has leased a 5,500m² purpose built industrial facility for 10 years at 34-36 Banfield Court, Truganina for $82/m² net p.a.
Murray River Organics has leased a 4,659m² industrial property for 10 years at 32 Crompton Way, Dandenong for $90/m² gross p.a.
Sagecon Pty Ltd has leased a 420m² office and warehouse property for 4 years at 15 Paran Place, Glen Iris for $200/m² gross p.a.
Trade Prestige has leased a 500m² industrial site for 12 months at 550 Williamstown Road, Port Melbourne for $73/m² gross p.a.
Melbourne Retail Lease Wrap (www.afr.com)
Uncle has leased a 223m² retail space for 12 years at 15 Collins Street, Melbourne for $700/m² gross p.a.
Melbourne Industrial Sales Wrap (www.afr.com)
An owner occupier has acquired a 1,870m² office and warehouse property at 11-13 Moncrief Road, Nunawading for $4 million ($2,139/m² of building area).
A local developer has acquired a 6,011m² industrial property at 25 Industrial Avenue, Molendinar for $2.05 million ($341/m² of land area).
Brisbane Industrial Lease Wrap (www.afr.com)
Redbook Inspect has leased a 1,000m² office and warehouse property on a month to month basis at 356 Bilsen Road, Geebung for $75/m² net p.a.
Provincial Home Living has leased a 1,200m² showroom space at 1058-1062 Ann Street, Fortitude Valley for $440-$500/m² net p.a.
The Furniture Shack has leased a 380m² showroom space at 190 Lutwyche Road, Windsor for $440-$500/m² net p.a.
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