Wednesday, 26 October 2016
New South Wales
Rydalmere Service Station Sold
A private investor has acquired a service station at 262-272 Victoria Road, Rydalmere for $5 million ($1,759/m² of land area), reflecting a yield of 4.4%.
The property comprises a 2,842m² site area and is subject to a new 20 year lease.
Engadine Child Care Centre Sold
A private investor has acquired a 39 place childcare centre at 252 Woronora Road, Engadine for $2.065 million ($52,949/child), reflecting a yield of 4.84%.
The property is subject to a new 10 year lease.