Tuesday, 22 November 2016

New South Wales

Penrith Mixed Use Development Site Sold (AFR Pg.33)

• Desane Group Holdings has acquired a 1.2ha mixed use development site at Thornton Drive, Penrith for $3.9 million ($325/m²of land area).

Sydney Office Lease Wrap (AFR Pg.34)

• City Institute has leased a 236m² office property for 5 years at 531 George Street, Sydney for $510/m² gross p.a.

• Asset Advantage has leased a 183m² office property for 3.5 years at 13/213 Miller Street, North Sydney for $559/m² net p.a.

Rosebery Industrial Property Leased (AFR Pg.34)

• BASLER Australia Pty Ltd has leased a 435m² industrial property for 3 years at 2/3 Mentmore Avenue, Rosebery for $184/m² net p.a.

Victoria

Richmond Hill Residential Development Site Sold (AFR Pg.34)

• Poly Real Estate has acquired a 2,047m² residential development site at 150-152 Bridge Road, Richmond Hill for $16 million ($7,816/m² of land area).

Truganina Office and Warehouse Property Leased (AFR Pg.34)

• Krehalon Australia has leased a 2,250m² office and warehouse property for 3 years at 25 Efficient Drive, Truganina for $75/m² net p.a.

Hawthorn Commercial Property Leased (AFR Pg.34)

• A private investor has leased a 89m² commercial property for 2 years at E/769 Glenferrie Road, Hawthorn for $820/m² net p.a.

Scoresby Industrial Property Leased (AFR Pg.34)

• Health More Pty Ltd has leased a 5,200m² industrial property for 3 years at Caribbean Business Park, Scoresby for $80/m² net p.a.

Mulgrave Office Property Leased (AFR Pg.34)

• Altus Developments has leased a 550m² office property for 5 years at 700 Springvale Road, Mulgrave for $290/m² net p.a.

Queensland

Bowen Hills Commercial Property Sold (AFR Pg.33)

• VennCap has acquired a 7,643m² commercial property at 41 O’Connell Terrace for $52 million ($6,804/m² of land area).

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