Tuesday, 15th August 2017
New South Wales
Bondi Student Accommodation Leased
International Student Education Provider Nortwest Pty Ltd has leased a 322m² office space off Meriton at 95-97 Grafton Street, Bondi Junction for 5 years with options at $600/m² ($180,000 Gross).
Homebush Industrial Building Leased
NAN Cables has leased a 4372m² Industrial Building from a private lessor at 6 Carter Street, Homebush for a net annual rent of $135/m².
Smithfield Freestanding Facility Sold
Sydney-based food distributor, importer and exporter Hong Australia Corporation (HAC) has acquired a 20,236m² processing plant at 150-156 McCredie Road, Smithfield for $23 million ($1’137 per permissible GBA).
The property consists of a 19,553m² warehouse with 8 – 14m clearance, 658m² office, 85 carapaces and 2 docks.
Notting Hill Office Space Leased
Greenwood Early Education Centres has leased a 1659m² office space inside Goodman Group’s Ferntree Business Park at 16 Ferntree Business Park, Notting Hill for 12 years at $200/m².
Truganina Industrial Facility Leased
Auswide Transport Solutions has leased a 15,000m² Industrial Facility at 1 Banfield Court, Truganina off a private landlord for 3 years at a net annual rent of $274,500 ($92/m² GBA).
The property has 9545m² of hardstand, multiple truck access points and a 3000m² warehouse.
Melbourne Lease Reassigned
Alinta Energy has signed a 6 year lease with options on 1308m² level 16 at 60 City Road, Melbourne following a lease assignment from the existing tenant.
The property was secured at net annual rent of $500/m².