Thursday, 27 October

Smeaton Grange Industrial Property Sold (AFR Pg.42)

Lotus H Pty Ltd has acquired a 7,524m² industrial property at 174-178 Hartley Road, Smeaton Grange for $5.1 million ($678/m² of land area), reflecting a yield of 7.5%.

Woy Woy Service Station Sold (AFR Pg.43)

A private investor has acquired a 929m² service station at 62-68 Memorial Avenue, Woy Woy for $2.981 million ($3,209/m² of land area), reflecting a yield of 8.1%.

Ballina Commercial Property Sold (AFR Pg.43)

A private investor has acquired a 417m² commercial property at 162-164 River Street, Ballina for $2.325 million ($5,576/m² of floor area), reflecting a yield of 7%.

Healesville Shopping Centre Sold (AFR Pg.38)

A private investor has acquired a 4,972m² shopping centre at 251 Maroondah Highway, Healesville for $29.9 million ($6,014/m² of floor area), reflecting a yield of 5.6%.

Melbourne Office and Warehouse Sales Wrap (AFR Pg.42)

A private investor has acquired a 11,717m² office and warehouse property at 36-52 National Boulevard, Campbellfield for $9.6 million ($819/m² of floor area).
Quicklift Garage Doors has acquired a 2,775m² office and warehouse property at 61-63 Glenvale Crescent, Mulgrave for $2.96 million ($1,067/m² of floor area).

Vermont Residential and Commercial Property Sold (AFR Pg.42)

A private investor has acquired a 1,334m² residential and commercial property at 580-584 Canterbury Road, Vermont for $5.9 million ($4,423/m² of floor area), reflecting a yield of 7.5%.

Wantirna South Medical Facility Sold (AFR Pg.42)

A private investor has acquired a 797m² medical facility at 2 Renou Road, Wantirna South for $1.75 million ($2,196/m² of land area).

Chadstone Retail Property Sold (AFR Pg.43)

A private investor has acquired a 440m² retail property at 356 Dandenong Road, Chadstone for $1.7 million ($3,864/m² of floor area).

Doncaster East Retail Property Leased (AFR Pg.43)

Pompeo’s has leased a 177m² retail property for 40 years at 38 Jackson Court, Doncaster East for $230/m² gross p.a.

Box Hill Residential Development Property Sold (AFR Pg.43)

A private investor has acquired a 1,042m² residential development property at 107 Severn Street, Box Hill for $3.9 million ($3,743/m² of land area), reflecting a yield of 2.28%.

Hawthorn Warehouse Property Sold (AFR Pg.43)

A private investor has acquired a 502m² warehouse property at 21 Queens Avenue, Hawthorn for $2.839 million ($5,655/m² of land area), reflecting a yield of 2.1%.

Ormeau Industrial Property Sold (AFR Pg.42)

The Property Advisory has acquired a 6,855m² industrial property at 99-103 Lahrs Road, Ormeau for $11.1 million ($1,619/m² of floor area), reflecting a yield of 7.3%.

Springwood Bowling Club Sold (AFR Pg.42)

Arcare has acquired a 8,797m² bowling club at 4 Pauline Avenue, Springwood for $4.4 million ($500/m² of land area).

Sunshine Beach Commercial Property Sold (AFR Pg.42)

A private investor has acquired a 171m² commercial property at 5-6/56 Duke Street, Sunshine Beach for $1.3 million ($7,602/m² of floor area).

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