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  • Patrick Ewing

Thursday, 17 November 2016


New South Wales

Sydney Industrial Property Lease Wrap (AFR Pg.39)

  • Nick Scali has leased a 12,700m² industrial property for 10 years at Horsley Drive Business Park for an undisclosed amount.

  • Fantastic Furniture has leased a 10,860m² industrial property for 10 years at Horsley Drive Business Park for an undisclosed amount.

Sydney Industrial Sales Wrap (AFR Pg.46)

  • A private investor has acquired a 505m² industrial property at 14 Vore Street, Silverwater for $2.3 million ($4,554/m² of floor area).

  • A private investor has acquired a 1,324m² industrial property at 113 Dobroyd Parade, Haberfield for $5 million ($3,776/m² of floor area).

  • A private investor has acquired a 4,310m² industrial property at 115-119 Cowpasture Road, Wetherill Park for $6.6 million ($1,531/m² of land area).

  • A private investor has acquired a 296m² industrial property at 9/34-36 Ralph Street, Alexandria for $1.295 million ($4,375/m² of floor area).

Surry Hills Residential Development (AFR Pg.40)

  • Avid Property Group has made public their plans of creating a 32-terrace home project in Surry Hills.

  • Recently they acquired a 990m² residential development site at 23-47 Flinders Street, Surry Hills for $14.5 million ($14,647/m² of land area), with the intention of starting construction in early 2017 subject to council approval.

Lindfield Residential Development Site Sold (AFR Pg.46)

  • A private investor has acquired a 2,719m² residential development site at 18-20 Bent Street, Lindfield for $13 million ($4,781/m² of land area).

Sydney Retail Sales Wrap (AFR Pg.46)

  • A private investor has acquired a 417m² retail property at 51-53 Willoughby Road, Crows Nest for $10.35 million ($24,820/m² of floor area), reflecting a yield of 4.2%.

  • A private investor has acquired a 71m² retail property at 8 Railway Parade, Eastwood for $1.65 million ($23,239/m² of floor area), reflecting a yield of 2.4%.

Silverwater Office and Warehouse Property Sold (AFR Pg.46)

  • A private investor has acquired a 5,201m² office and warehouse property at 1 Clyde Street, Silverwater for $11.35 million ($2,182/m² of floor area), reflecting a yield of 7.2%.

Kingsgrove Service Station Sold (AFR Pg.47)

  • A private investor has acquired a 3,320m² service station at 137-139 Kingsgrove Road, Kingsgrove for $5.06 million ($1,524/m² of land area), reflecting a yield of 3.61%.

Chatswood Office Property Sold (AFR Pg.47)

  • A private investor has acquired a 141m² office property at 20 Thomas Street, Chatswood for $1.2 million ($8,511/m² of floor area), reflecting a yield of 2.45%.

Victoria

Footscray Warehouse Property Sold (AFR Pg.46)

  • A private investor has acquired 801m² warehouse property at 83 Moreland Street, Footscray for $1.77 million ($2,210/m² of land area).

St Kilda Commercial Property Sold (AFR Pg.46)

  • A private investor has acquired a 118m² commercial property at 39-43 Carlisle Street, St Kilda for $1.35 million ($11,441/m² of floor area).

Mentone Office and Warehouse Property Sold (AFR Pg.46)

  • A private investor has acquired a 1,726m² office and warehouse property at 9-11 Shearson Crescent, Mentone for $2.3 million ($1,333/m² of floor area).

Melbourne Cinema Property Sold (AFR Pg.48)

  • A private investor has acquired a 297m² cinema property at 1 Coverlid Place, Melbourne for $3.45 million ($11,616/m² of floor area).

Queensland

Murarrie Industrial Property Sold (AFR Pg.46)

  • Clarence Property has acquired a 6,185m² industrial property at 45 Alexandra Place, Murarrie for $10.3 million ($1,665/m² of land area), reflecting a yield of 7.5%.

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