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  • Patrick Ewing

Thursday, 30 March 2017


New South Wales

Katoomba Hotel Sold (www.afr.com)

  • A private investor has acquired the Hotel Blue and Conference Centre in Lurline Street, Katoomba for $3.4 million ($141,667/key).

  • The hotel comprises 24 rooms and occupies a 1,765m² site area ($1,926/m² of land area).

Sydney Office and Warehouse Sales Wrap (www.afr.com)

  • An owner occupier has acquired a 1,958m² office and warehouse property at 7 Epic Place, Villawood for $3.6 million ($1,838/m² of building area).

  • An owner occupier has acquired a 1,837m² office and warehouse property at 9 Epic Place, Villawood for $3.55 million ($1,932/m² of building area).

  • An owner occupier has acquired a 1,520m² office and warehouse property at 12 Epic Place, Villawood for $3.1 million ($2,039/m² of building area).

  • A private investor has acquired a 3,338m² office and warehouse property at 8 George Young Street, Auburn for $6.66 million ($1,977/m² of building area).

Bonnyrigg Development Site Sold (www.afr.com)

  • Lombards Property Developments has acquired a 4,047m² development site at 434 Elizabeth Drive, Bonnyrigg for $2.35 million ($581/m² of land area).

  • The site was sold with Development Approval for a 7 lot subdivision ($335,714/approved lot).

Victoria

Melbourne Retail Sales Wrap (www.afr.com)

  • A private investor has acquired a 70m² retail property at 857 High Street, Armadale for $1.22 million ($17,429/m² of lettable area), reflecting a yield of 3.46%.

  • A foreign purchaser has acquired a 290m² retail property at 1045 Point Nepean Road, Rosebud for $2.045 million ($7,052/m² of lettable area), reflecting a gross yield of 4%.

#KatoombaHotelSold #SydneyOfficeandWarehouseSalesWrap #BonnyriggDevelopmentSiteSold #MelbourneRetailSalesWrap

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