Monday, 28 November 2016

New South Wales

Banksmeadow Industrial Site Sold (www.afr.com)

• Leda Holdings has acquired a 9,385m² industrial site at 13-19 Baker Street, Banksmeadow for $16 million ($1,705/m² of land area), reflecting a yield of 3.5%.

• The developer has plans for an industrial strata development.

Sydney Auction Clearance Rates (www.domain.com.au)

• Sydney recorded an auction clearance rate of 79% over the weekend with 961 properties listed.

Victoria

Melbourne Auction Clearance Rates (www.domain.com.au)

• Melbourne recorded an auction clearance rate of 78% over the weekend with 1,366 properties listed.

#BanksmeadowIndustrialSiteSold #SydneyAuctionClearanceRates #MelbourneAuctionClearanceRates