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  • Patrick Ewing

Wednesday, 29 March 2017


New South Wales

Strathfield Commercial Property Sold (www.afr.com)

  • A private investor has acquired the Symond Arcade at 12-14 Churchill Avenue, Strathfield for $30 million ($46,512/m² of land area).

  • The property comprises a floor area of 910m² over two levels with 12 retail tenancies to the ground floor and 14 offices to the first level ($32,967/m² of floor area).

  • The property occupies a 645m² site which is zoned Commercial Core with a permissible gross floor area of 1,935m² ($15,503/m² of permissible GFA).

Beverly Hills Commercial Property Sold (www.afr.com)

  • A private investor has acquired a 360m² commercial property at 482 King Georges Road, Beverly Hills for $2.101 million ($5,836/m² of floor area), reflecting a gross yield of 3.8%.

  • The property comprises five retail tenancies.

Victoria

Altona North Logistics Facility Sold (www.afr.com)

  • LOGO has acquired a logistics facility at 27-43 Toll Drive, Altona North for $27.3 million ($1,257/m² of building area).

  • The property comprises two purpose built buildings of a total 21,720m² completed in early 2016.

#StrathfieldCommercialPropertySold #BeverlyHillsCommercialPropertySold #AltonaNorthLogisticsFacilitySold

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