Monday, 20 February 2017
New South Wales
Sydney Auction Clearance Rates (www.domain.com.au)
Sydney recorded an auction clearance rate of 83% over the weekend with 675 properties listed.
Parramatta Commercial Development Site Sold (www.smh.com.au)
GPT Group has acquired a 2,439m² development site without approval at 93-95 Smith Street, Parramatta for $31.2 million ($12,792/m² of site area).
The site has development potential for 28,048m² of GFA ($1,112/m² of permissible GFA).
Huntingwood Industrial Site Sold (www.smh.com.au)
Charter Hall has acquired a 5.66ha industrial site at 36 Huntingwood Drive, Huntingwood for $29.715 million ($525/m² of land area).
Melbourne Auction Clearance Rates (www.domain.com.au)
Melbourne recorded an auction clearance rate of 79% over the weekend with 908 properties listed.