Thursday, 28th June 2018

New South Wales

Sydney Office Building Sold (AFR)

• Investa Commercial Property Fund has acquired a 15-storey office tower with a NLA of 12,517m² at 117 Clarence Street, Sydney 2000 for $153million ($12,223/m² of NLA).

Rouse Hill Development Site Sold (AFR)

• Poly Australia has acquired a 3.68ha development site at 51 Terry Road, Rouse Hill 2155 for $22.9million ($6,222,826/ha). The site is zoned R3 Medium Density Residential and will be developed to 138 three to four-bedroom townhouses.

Milperra Industrial Site Sold (SMH)

• Leda Group has acquired a 7.71ha industrial site at 286 Horsley Road, Milperra 2214 for $52million ($6,744,487/ha).

Box Hill Development Site Sold (AFR)

• Beau Solare has acquired a 2ha site at 813 Windsor Road, Box Hill 2765 for $8.5million ($4,250,000/ha). The site was acquired with plans to develop town houses.

Neutral Bay Retail Shop Sold (AFR)

• A private investor has acquired a 61m² retail shop currently being leased as a café at 17 Grosvenor Street, Neutral Bay 2089 for $1.333million ($21,852/m²).

Hornsby Warehouse Sold (AFR)

• GIH Australia has acquired a 368m² Industrial Warehouse at 11 Leonard Street, Hornsby 2077 for $1.5million ($4,076/m²).

Victoria

Melbourne Office Building Sold (AFR)

• A private investor has acquired the office building at 189 King Street, Melbourne 3000 with 371m² of GFA for $5.32million ($14,339/m² of GFA).

Knoxfield Warehouse Sold (AFR)

• A private developer has acquired a 9,480m² site at 26 Rushdale Street, Knoxfield 3180 for $4.7million ($496/m²). The site currently holds a cold storage warehouse but has been bought for development purposes.

Queensland

Morayfield Site Sold (AFR)

• Synergy Property Partners has acquired a 1.3ha site at 265 Morayfield Road, Morayfield 4506 for $3.9million ($3,000,000/ha).

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