Tuesday, 6th March 2018

New South Wales

Tweed Heads Retail Centre Sold (AFR)

• MPG has acquired the Tweed Hub homemaker centre with a GLA of 13,661m² at 112-140 Minjungbal Drive, Tweed Heads 2485 for $40,075,000 ($2,934/m²).

Pitt Street Office Leased (AFR)

• Face Shop has leased an office totalling 98m² for two years at 327 Pitt Street, Sydney 2000 on a gross annual rent of $60,000 ($612/m² p.a)

York Street Office Leased (AFR)

• Effective Processing Migration Australia has leased an office for 18-months with 139m² at Level 1, 38 York Street, Sydney 2000 at a gross annual rent of $62,370 ($449/m²).

Wetherill Park Warehouse Leased (AFR)

• Bauer Kompressoren have agreed to terms of a five-year lease of a warehouse with a site area of 2,264m² at 19 Cavasinni Place, Wetherill Park 2164 on a net annual rent of $129/m² ($292,056 p.a).

Victoria

Port Melbourne Industrial Unit Leased (AFR)

• Diam International has signed a five-year lease of a 1,505m² industrial unit at 290, Salmon Street, Port Melbourne 3207 on a net annual rent of $248,490 ($165/m²).

#TweedHeadsRetailCentreSold #PittStreetOfficeLeased #YorkStreetOfficeLeased #WetherillParkWarehouseLeased #PortMelbourneIndustrialUnitLeased