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  • Patrick Ewing

Wednesday, 19 April 2017


New South Wales

Five Dock Supermarket Sold (www.afr.com)

  • A private investor has acquired a strata titled supermarket at 4-12 Garfield Street, Five Dock for $19.66 million ($5,732/m² of GLAR), reflecting a yield of 4.89%.

  • The supermarket is anchored by Coles with basement parking for 163 cars.

Victoria

Mornington Peninsula Shopping Centre Sold (www.afr.com)

  • Henkell Brothers Investment Managers have acquired the Hastings Central Shopping Centre in Mornington Peninsula for $32.1 million ($4,005/m² of GLAR), reflecting a yield of 6.2%.

  • The centre comprises 8,015m² of GLAR and is anchored by a Kmart and ALDI with 13 specialties.

#FiveDockSupermarketSold #MorningtonPeninsulaShoppingCentreSold

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