Tuesday, 5th December 2017

New South Wales

Arncliffe Hotel Sold (AFR)

• Oscars Hotel has acquired ‘The Rocksia Hotel’ with 4,218m² of site area at 299 Princes Highway, Arncliffe 2205 for $36million ($8,534/m²).

Darlinghurst Office Suite Leased (AFR)

• Geoffrey Nathan Australia has leased a 205m² office suite at 80 William Street, Darlinghurst 2010 on a five-year lease at a gross annual rent of $600/m² ($123,000 p.a).

Croydon Retail Space Leased (AFR)

• Round Bird Café owners have leased 188m² of retail space at 22 and 24b Hewish Road, Croydon 2132 on a net annual rent of $345/m² ($64,860 p.a).

Botany Office Space Leased (AFR)

• Mission Australia has leased an office suite totalling 295m² at Building 2/ 2-12 Lord Street, Botany 2019 on a net annual rent of $330/m² ($97,350 p.a).

Queensland

Brisbane Office Building Sold (AFR)

• Singaporean Wealth Fund, GIC, has acquired an office building totalling 34,000m² of GFA at 32 Turbot Street, Brisbane 4000 for $370million ($10,882/m² of GFA).

Bowen Hills Office Building Sold (AFR)

• Charter Hall has acquired an office building that hosts Virgin Australia’s Headquarters totalling 12,427m² of GFA at 56 Edmonstone Road, Bowen Hills 4006 for $90.8million ($7,306/m²).

Banyo Warehouse Leased (AFR)

• Interlec Australia has leased a warehouse with 836m² of GFA at 35 Depot Street, Banyo 4014 on a net annual rent of $150/m² ($125,400 p.a).

Sherwood Warehouse Leased (AFR)

• Brisbane Best Wreckers has secured a lease of a flood affected warehouse totalling 2200m² of GFA at 430 Sherwood Road, Sherwood 4075 on a gross annual rent of $35/m² ($77,000 p.a).

#ArncliffeHotelSold #DarlinghurstOfficeSuiteLeased #CroydonRetailSpaceLeased #BotanyOfficeSpaceLeased #BrisbaneOfficeBuildingSold #BowenHillsOfficeBuildingSold #BanyoWarehouseLeased #SherwoodWarehouseLeased