Monday, 23 January 2017
New South Wales
Sydney Auction Clearance Rates (www.domain.com.au)
Sydney recorded an auction clearance rate of 71% over the weekend with 686 properties listed.
Auburn Bulky Goods Retail Property Sold (www.realcommercial.com.au)
A private investor has acquired a freestanding bulky goods retail property at 311 Parramatta Road, Auburn for an undisclosed amount.
The property comprises 8,421m² of building area and is subject to a 10 year lease to Super Amart.
The site comprises 25,100m² with 344 at grade car spaces.
Net income in 2016 was $1,770,000 p.a.
Melbourne Auction Clearance Rates (www.domain.com.au)
Melbourne recorded an auction clearance rate of 77% over the weekend with 1,058 properties listed.