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  • Patrick Ewing

Wednesday, 16 November 2016


Victoria

Richmond Office Building Sold (www.smh.com.au)

  • A private investor has acquired a 3-level office building at 582 Swan Street, Richmond for $10.01 million ($6,198/m² of NLA), reflecting a yield of 6.11%.

  • The building comprises 1,615m² of NLA with six tenancies.

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

  • A private investor has acquired a 19.1m² retail property at 530 Little Collins Street, Melbourne for $385,000 ($20,157/m² of NLA), reflecting a yield of 5.85%.

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

  • A private investor has acquired a 2-level retail property at 86-90 High Street, Windsor for $3.93 million ($6,550/m² of NLA).

  • The building comprises 600m² of NLA.

Gardenvale Commercial Building Sold (www.smh.com.au)

  • A private investor has acquired a 2-level retail property at 143-145 Gardenvale Road, Gardenvale for $1.68 million ($6,000/m² of NLA), reflecting a yield of 5.29%.

  • The building comprises 280m² of NLA.

Bentleigh Medical Property Sold (www.smh.com.au)

  • A private investor has acquired a fully fitted medical property at 116 Patterson Road, Bentleigh for $875,000 ($5,147/m² of NLA), reflecting a yield of 5.14%.

Richmond Office and Warehouse Property Sold (www.smh.com.au)

  • A private investor has acquired a 590m² office and warehouse property with vacant possession at 32 Crown Street, Richmond for $2.5 million ($4,237/m² of GBA).

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

  • A private investor has acquired a 76m² retail property at 40 Glen Eira Road, Ripponlea for $768,000 ($10,105/m² of NLA), reflecting a yield of 3.91%.

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

  • A private investor has acquired a 140m² retail property at 64 Maroondah Highway, Ringwood for $1.37 million ($9,786/m² of NLA), reflecting a yield of 3.8%.

Clayton Office and Warehouse Property Sold (www.smh.com.au)

  • A private investor has acquired a 491m² office and warehouse property at 1866 Princes Highway, Clayton for $1.22 million ($2,485/m² of GBA), reflecting a yield of 5.41%.

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