Monday, 3 April 2017

New South Wales

Sydney Auction Clearance Rates (www.domain.com.au)

• Sydney recorded an auction clearance rate of 81% over the weekend with 800 properties listed.

Bonnyrig Development Site Sold (www.smh.com.au)

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

Sydney Office and Warehouse Sales Wrap (www.smh.com.au)

• A private investor has acquired an 840m² office and warehouse property at 124 Wentworth Avenue, Banksmeadow for $2.4 million ($2,857/m² of building area).

• A private investor has acquired a 2,336m² office and warehouse property at 9 Blaxland Road, Campbelltown for $5.9 million ($2,526/m² of building area).

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

• A private investor has acquired a 41m² retail property at 166 Glebe Point Road, Glebe for $510,000 ($12,439/m² of lettable area).

North Sydney Office Property Sold (www.smh.com.au)

• A private investor has acquired a 42m² office property at 122 Arthur Street, North Sydney for $215,000 ($5,119/m² of lettable area).

Victoria

Melbourne Auction Clearance Rates (www.domain.com.au)

• Melbourne recorded an auction clearance rate of 80% over the weekend with 947 properties listed.

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