Tuesday, 31 January 2017

New South Wales

Sydney Office Space Leased (www.smh.com.au)

• Allens Linklaters has resigned to lease 8,424m² of office space for 7.5 years at 126 Phillip Street, Sydney for an undisclosed amount.

Victoria

Melbourne Strata Office Market (www.smh.com.au)

• Industry research indicates strata office values have increased 25% over 2016, while vacancy is recorded at 3%.

Queensland

Milton Residential Development Site Sold (www.smh.com.au)

• Kokoda Property has acquired a 1,209m² residential development site at 19-23 McDougall Street, Milton for $12.5 million ($10,339/m² of site area).

• The site was sold with Development Approval for 235 units ($53,191/approved unit).

#SydneyOfficeSpaceLeased #MelbourneStrataOfficeMarket #MiltonResidentialDevelopmentSiteSold