Thursday, 24th May 2018
New South Wales
Summer Hill Workshop Sold (AFR Pg. 47)
A private buyer has acquired a 606m² workshop at 94-98 Smith Street, Summer Hill 2130 for $3.3million ($5,000/m²).
Sydney CBD Retail Shop Sold (AFR Pg. 47)
A private buyer has acquired a 52m² retail property at Shop 1, 137-139 Bathurst Street, Sydney 2000 for $1.695million ($32,500/m²).
Erskineville Site Sold (AFR Pg. 47)
A local developer has acquired a 339m² site at 12 Albert Street, Erskineville 2043 for $3.3million ($9,735/m²). The site was sold with plans to develop an 18 room, 3-level boarding house.
Kew East Childcare Centre Sold (AFR Pg. 47)
A local investor has acquired a Childcare Centre with a site area of 948m² at 720 High Street, Kew East 3102 for $6.5million ($6,857/m²). The property was sold with a current yield of 5.22%.
Chinatown Tower Sold (SMH)
A local investor has acquired a four-storey tower at 11 Heffernan Lane, Chinatown, Melbourne 3000 with 440m² of GFA for $6.3million ($14,318/m² of GFA). The property sold with a current yield of 3.3%.