Thursday, 13 October 2016

New South Wales

Petersham Residential Development Site Sold (AFR Pg.49)

• A private investor has acquired a 1,897m² residential development site at 23 Croydon Street, Petersham for $7 million ($3,690/m² of land area).

Alexandria Office and Warehouse Property Sold (AFR Pg.49)

• A private investor has acquired a 1,886m² office and warehouse property at 50-54 McCauley Street, Alexandria for $5.3 million ($2,810/m² of floor area), reflecting a yield of 3.16%.

Victoria

Melbourne Office and Warehouse Sales Wrap (AFR Pg.49)

• A private investor has acquired a 8,801m² office and warehouse property at 830 Wellington Road, Rowville for $9 million ($1,023/m² of floor area).

• A private investor has acquired a 1,150m² office and warehouse property at 2/40 Green Street, Doveton for $1.4 million ($1,217/m² of land area).

Melbourne Industrial Sales Wrap (AFR Pg.49)

• Benton’s Plumbing has acquired a 850m² industrial property at 6 Milkman Way, Coburg North for $1.1 million ($1,294/m² of floor area).

• Direct Mail and Marketing has acquired a 3,439m² industrial property at 9-15 Vision Street, Dandenong for $4.28 million ($1,245/m² of land area).

• A private investor has acquired a 1,119m² industrial property at 41-45 Williams Road, Dandenong South for $1.575 million ($1,408/m² of land area).

Melbourne Retail Sales Wrap (AFR Pg.49)

• A private investor has acquired a 738m² retail property at 20-26 Ferguson Street, Williamstown for $7 million ($9,485/m² of floor area), reflecting a yield of 3.85%.

• A private investor has acquired a 453m² retail property at 9-13a Main Street, Mornington for $5.435 million ($11,998/m² of floor area), reflecting a yield of 3.5%.

Heathmont Commercial Property Sold (AFR Pg.49)

• A private investor has acquired a 243m² commercial property at 212 Canterbury Road, Heathmont for $1.8 million ($7,407/m² of floor area), reflecting a yield of 5%.

Moorabbin Office Property Sold (AFR Pg.49)

• A private investor has acquired a 354m² office property at 962 Nepean Highway, Moorabbin for $1.5 million ($4,237/m² of floor area).

Queensland

Mermaid Beach Shopping Centre Sold (AFR Pg.36)

• Macquarie Properties has acquired a 7,355m² shopping centre at 2532 Gold Coast Highway, Mermaid Beach for $20.9 million ($2,842/m² of NLA), reflecting a yield of 7.2%.

Cannon Hill Office Property Sold (AFR Pg.49)

• GJI Group has acquired a 1,057m² office property at 61 Southgate Avenue, Cannon Hill for $2.75 million ($2,602/m² of floor area).

Robina Commercial Property Sold (AFR Pg.49)

• The Robina Group has acquired a 1,677m² commercial property at 36 Laver Drive, Robina for $5 million ($2,982/m² of floor area).

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