Wednesday, 6th September 2017

New South Wales

Bateau Bay Pub Sold

• A private investor has acquired the Bateau Bay Hotel on 2.7ha of land area at the corner of Central Coast Highway and Lumby Drive Bateau Bay 2261, for $13million.

Victoria

Abbotsford Hotel Sold

• A private investor has acquired the Park Hotel with 370m² of GFA at 191 Nicholson Street, Abbotsford 3067 for $3.18million.

Melbourne Mall Shop Leased

• Pandora has leased 240m² of retail space over three levels at 280-282 Bourke Street Mall, Melbourne 3000 for $1million per annum ($4,166/m² p.a.)

Lara Childcare Centre Sold

• A private investor has acquired a childcare centre with 847m² of GFA at 31-33 Station Lake Road, Lara 3212 for $4.715million ($5,566/m²). The centre has a net rental income of $292,500 + GST and Outgoings.

Essendon Retail Shop Sold

• A private investor has acquired 490m² of GFA at Shop 1/110 Keilor Road, Essendon North 3041 for $2.45million ($5,000/m²). The shop provides a return of $116,699/pa + GST and Outgoings.

#BateauBayPubSold #AbbotsfordHotelSold #MelbourneMallShopLeased #LaraChildcareCentreSold #EssendonRetailShopSold