Thursday, 1 June 2017
New South Wales
Sydney Office and Warehouse Sales Wrap (www.afr.com)
Sefar has acquired a 2,752m² office and warehouse property at 19-21 Huntingwood Drive, Huntingwood for $5.625 million ($2,053/m² of building area).
A private investor has acquired a 3,503m² office and warehouse property at 3-7 Marieanne Place, Minchinbury for $6.45 million ($1,841/m² of building area).
Sydney Office Sold (www.afr.com)
AMS Group Holdings has acquired a 161m² office at 84 Pitt Street, Sydney for $1.787 million ($11,099/m² of lettable area).
A private investor has acquired the 65-room aged care facility with vacant possession at 169-173 Parramatta Road, Haberfield for $13 million ($200,046/room).
North Melbourne Office and Warehouse Property Sold (www.afr.com)
Grange Developments has acquired a 4,900m² office and warehouse property at 139-149 Boundary Road, North Melbourne for $14 million ($2,857/m² of building area).
Flemington Residential Development Site Sold (www.afr.com)
A local developer has acquired a 1,882m² residential development site at 147-157 Princes Street, Flemington for $7.252 million ($3,853/m² of site area).
The site has approval for 23 townhouses ($315,304/approved townhouse).
Melbourne Retail Sale Wrap (www.afr.com)
A private investor has acquired a 180m² retail property at 123-125 Burgundy Street, Heidelberg for $2.725 million ($15,139/m² of lettable area), reflecting a yield of 2.9%.
A private investor has acquired a 312m² retail property at 636 Mount Alexander Road, Moonee Ponds for $1.73 million ($5,542/m² of lettable area).
A private investor has acquired a 5,225m² purpose built gymnasium at 241 Bay Road, Cheltenham for $17.55 million ($3,359/m² of building area), reflecting a yield of 6.80%.
Redbank Plains Shopping Centre Sold (www.afr.com)
Rockworth Capital Partners has acquired the Town Square Redbank Plains 26,945m² subregional shopping centre at 403 Redbank Plains Road, Redbank Plains for $160 million ($5,938/m² of GLA), reflecting a yield of 6.25%.
The centre is anchored by Woolworths, Coles, ALDI and Target.
Brisbane Residential Development Site Sold (www.afr.com)
ARIA has acquired a 1,890m² residential development site at Manning Street, South Brisbane for $13 million ($6,878/m² of site area).
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