Monday, 8 May 2017

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

Sydney recorded an auction clearance rate of 74% over the weekend with 458 properties listed.

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

Melbourne recorded an auction clearance rate of 79% over the weekend with 655 properties listed.

Mulgrave Office Park Sold (www.smh.com.au)

Stronghold Investment Services has acquired a 5,851m² office park at 13-15 Compark Circuit, Mulgrave for $21.5 million ($3,675/m² of lettable area), reflecting a yield of 7.5%.

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

Sentosa Capital has acquired a 2,700m² development site at 1093-1099 Malvern Road, Toorak for $14 million ($5,185/m² of site area).

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

A private developer has acquired a 3,765m² development site at 14 Balwyn Road, Canterbury for $7 million ($1,859/m² of site area).

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