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  • Patrick Ewing

Friday, 12 May 2017


New South Wales

Sydney Retail Property Sold (www.afr.com)

  • A private investor has acquired a 92m² retail property at 37 York Street, Sydney for $3.57 million ($38,804/m² of lettable area), reflecting a yield of 4.3%.

Sydney Industrial Sales Wrap (www.afr.com)

  • A private investor has acquired a six unit industrial property comprising a 2,236m² building area at 101 Derby Street, Silverwater for $7 million ($3,130/m² of building area).

  • A private investor has acquired a 2,179m² warehouse property at 58 Leland Street, Penrith for $3.4 million ($1,560/m² of building area), reflecting a yield of 6.29%.

  • Pipes Australia has acquired a 2,701m² industrial site at 607 Great Western Highway, Greystanes for $2.92 million ($1,081/m² of land area).

Victoria

Armadale Development Site Sold (www.afr.com)

  • A local developer has acquired an 809m² development site at 941-951 High Street, Armadale for $7 million ($8,653/m² of site area).

Melbourne Commercial Sales Wrap (www.afr.com)

  • A private investor has bought 3 retail properties in one-line comprising 350m² at 40-44 Ferguson Street, Williamstown for $6 million ($17,143/m² of building area), reflecting a yield of 3.2%.

  • An owner occupier has acquired a 437m² commercial building 189 Bay Road, Sandringham for $1.9 million ($4,348/m² of building area).

Melbourne Industrial Sales Wrap (www.afr.com)

  • Arva Freight has acquired a 520m² office and warehouse property at 5 Everaise Court, Laverton North for $1.36 million ($2,615/m² of building area).

  • A private investor has acquired two warehouses comprising a building area of 2,148m² at 22-24 Eton Street, Preston for $2.2 million ($1,024/m² of building area), reflecting a yield of 4.86%.

  • A private investor has acquired a 976m² industrial building at 35 Levanswell Road, Moorabbin for $1.6 million ($1,639/m² of building area).

Queensland

Greenslopes Retail Property Sold (www.afr.com)

  • A private investor has acquired a 554m² retail property at 55 Old Cleveland Road, Greenslopes for $2.7 million ($4,876/m² of lettable area), reflecting a gross yield of 9.15%.

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