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  • Patrick Ewing

Thursday, 23 February 2017


Victoria

Melbourne Retail Property Sold (www.smh.com.au)

  • A private investor has acquired a 700m² retail property at 405 Collins Street, Melbourne for $4.64 million ($6,629/m² of lettable area), reflecting a yield of 3.97%.

Glen Waverley Development Site Sold (www.smh.com.au)

  • A foreign investor has acquired a 209m² development site at 15 Railway Parade North, Glen Waverley for $2.38 million ($11,388/m² of site area).

Melbourne Medical Facility Sales Wrap (www.smh.com.au)

  • A foreign investor has acquired a 270m² medical facility at 402 South Road, Moorabbin for $4.8 million ($17,778/m² of lettable area), reflecting a yield of 5.99%.

  • A private investor has acquired a medical facility at 5 Hastings Road, Frankston for $3.1 million, reflecting a yield of 6.1%.

Mornington Hotel Sold (www.smh.com.au)

  • A private investor has acquired a The Best Western Plus Brooklands Hotel at 99 Tanti Avenue, Mornington for $9 million ($169,811/key).

  • The hotel features 53 four star guest rooms, four function rooms, a heated indoor pool and a gymnasium.

Melbourne Industrial Sales Wrap (www.smh.com.au)

  • An owner occupier has acquired a 1,250m² office and warehouse property at 9 Newmarket Lane, Epping for $1.65 million ($1,320/m² of building area).

  • A private investor has acquired a 3,200m² industrial building at 1-7 Sullivan Street, Moorabbin for $3.3 million ($1,031/m² of building area).

#MelbourneRetailPropertySold #GlenWaverleyDevelopmentSiteSold #MelbourneMedicalFacilitySalesWrap #MorningtonHotelSold #MelbourneIndustrialSalesWrap

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