Monday, 21st August 2017
New South Wales
Bondi Mixed Use Site Sold
Two investors have aquired a 417m² site known as 134-138 Campbell Parade for $18.25million with a yield of 2.7%.
The site is home to 8 residential apartments and 2 ground floor retail tenants returning approximately $500,000 pa.
Sydney Office Building Sold
Ascendas-Singbridge have acquired 22,929m² of GFA at 66 Goulbourn Street for $252million ($10,990/m² of GFA)
Sydney Retirement Village Sold
RetireAustralia have acquired 4,494m² of GFA at 40A Cope Street, Lane Cove for approximately $20million ($4,450/m²).
The current use of the property is a non-for-profit 48-unit retirement village.