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  • Patrick Ewing

Thursday, 3 November 2016


New South Wales

Kellyville Service Station Sold (AFR Pg.54)

  • A private investor has acquired a 2,634m² service station at 662 Windsor Road, Kellyville for $9.4 million ($3,569/m² of land area), reflecting a yield of 5%.

Prestons Residential Development Site Sold (AFR Pg.54)

  • Stevens Group has acquired a 2ha residential development site at 52 Bernera Road, Prestons for $5 million ($2,500,000/ha of land area).

North Sydney Office Suite Sold (AFR Pg.54)

  • J Watterson Consulting Pty Ltd has acquired a 138m² office suite at 122 Arthur Street, North Sydney for $925,000 ($6,703/m² of land area).

Newcastle Retail Property Sold (AFR Pg.55)

  • Ciciron Pty Ltd has acquired a 333m² retail property at 1 Honeysuckle Drive, Newcastle for $2.1 million ($6,306/m² of floor area), reflecting a yield of 5.5%.

Sydney Retail Property Leased (www.smh.com.au)

  • Aurich has leased a 46m² retail property for 3 years at 2/605-609 George Street, Sydney for $3,902/m² gross p.a.

Wetherill Park Warehouse Property Leased (www.smh.com.au)

  • Let’s Play Games has leased a 1,380m² warehouse property for 5 years at 122-124 Hassall Street, Wetherill Park for $122/m² gross p.a.

Sydney Office Lease Wrap (www.smh.com.au)

  • The Professional Teachers’ Council NSW has leased a 395m² office property for 3 years at 25 Nyrang Street, Lidcombe for $240/m² gross p.a.

  • Izakaya House has leased a 30m² office property for 2 years at 1503A/275 Alfred Street, North Sydney for $667/m² gross p.a.

Arndell Park Office and Warehouse Property Leased (www.smh.com.au)

  • Healthy Canteens Australia has leased a 488m² office and warehouse property for 5 years at 1/13 Penny Place, Arndell Park for $115/m² net p.a.

Victoria

Melbourne Shopping Centre Sales Wrap (AFR Pg.53)

  • Metcash has acquired a 1,683m² shopping centre at 16-26 Albion Street, Kyabram for $4.2 million ($2,496/m² of floor area), reflecting a yield of 6.9%.

  • A private investor has acquired a 1,680m² shopping centre at 72 Lonsdale Street, Hamilton for $3 million ($1,786/m² of floor area), reflecting a yield of 6%.

Melbourne Office and Warehouse Sales Wrap (AFR Pg.54)

  • A private investor has acquired a 900m² office and warehouse property at the Key Industrial Park for $1.6 million ($1,778/m² of land area).

  • Donnellans Tyres has acquired a 1,248m² office and warehouse property at 1 Alfred Street, Blackburn for $2.41 million ($1,931/m² of floor area).

Melbourne Industrial Sales Wrap (AFR Pg.54)

  • A private investor has acquired a 1,970m² industrial property at 55 Halsey Road, Airport West for $1.45 million ($736/m² of floor area).

  • A private investor has acquired a 6ha industrial property at 295-321 Perry Road, Keysborough for $5.8 million ($966,667/ha of land area).

Melbourne Residential Development Sales Wrap (AFR Pg.54)

  • A private developer has acquired a 870m² residential development site at 96-98 Morang Road, Hawthorn for $5.85 million ($6,724/m² of land area).

  • A private investor has acquired a 664m² residential development site at 29-33 High Street, Glen Iris for $3.375 ($5,083/m² of land area).

Malvern Retail Property Sold (www.smh.com.au)

  • A private investor has acquired a 200m² retail property at 100-102 Glenferrie Road, Malvern for $3.21 million ($16,050/m² of floor area).

Melbourne Retail Lease Wrap (www.smh.com.au)

  • Journey Barbers has leased a 25m² retail property for 3 years at 2/239 Flinder Lane, Melbourne for $2,000/m² gross p.a.

Queensland

Brisbane Shopping Centre Sales Wrap (AFR Pg.42)

  • Shopping Centres Australasia Property Group has acquired a 6,700m² shopping centre at 1473 Anzac Avenue, Kallangur for $25.5 million ($3,806/m² of floor area).

  • Caboolture Retail Trust has acquired a 16,172m² shopping centre at 60-78 King Street, Caboolture for $27.5 million ($1,701/m² of land area).

Cornubia Service Station Sold (AFR Pg.54)

  • A private investor has acquired a 6,031m² service station at 248-258 Bentleigh Redland Bay Road, Cornubia for $5.1 million ($846/m² of land area), reflecting a yield of 5.41%.

Townsville Commercial Building Sold (AFR Pg.54)

  • A private investor has acquired a 306m² commercial property at 467 Flinders Street, Townsville for $685,000 ($2,239/m² of land area).

Gold Coast Commercial Property Sold (AFR Pg.54)

  • A private investor has acquired a 400m² commercial property at 12 Greg Chappell Drive, Gold Coast for $1 million ($2,500/m² of floor area), reflecting a yield of 8.7%.

Shailer Park Office and Warehouse Property Sold (AFR Pg.54)

  • A private investor has acquired a 2,919m² office and warehouse property at 37-43 Commercial Drive, Shailer Park for $4.13 million ($1,415/m² of land area), reflecting a yield of 8.1%.

Pinkenba Industrial Property Sold (AFR Pg.55)

  • A private investor has acquired a 5,577m² industrial property at 670 MacArthur Avenue Central, Pinkenba for $10 million ($1,793/m² of floor area), reflecting a yield of 7.7%.

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