Thursday 26th July 2018
New South Wales
Punchbowl Development Site Sold (AFR)
A private developer has acquired a 734m² site at 17 Arthur Street, Punchbowl 2168 for $2.6million ($3,542/m²).
Avalon Beach Retail Property Sold (AFR)
A local investor has acquired a retail property with a GFA of 576m² at 46 Old Barrenjoey Road, Avalon Beach 2107 for $4.15million ($6,871/m² of GFA). The property was sold on a 5% net yield.
Glendenning Office/Warehouse Unit Sold (AFR)
Private investors have acquired a 785m² Office/Warehouse unit at 12/197 Power Street, Glendenning for $2.2million ($2,803/m²).
Melbourne CBD Office Sold (AFR)
A private owner has acquired a whole office floor with 236m² of GFA at 313 Flinders Lane, Melbourne 3000 for $2.5million ($10,593/m² of GFA).
Reservoir Retail Property Sold (AFR)
A private investor has acquired a retail property with a GFA of 563m² at 257 Spring Street, Reservoir 3073 for $2.52million ($4,476/m²).
Coomera Development Site Sold (AFR)
A local private developer has acquired a 5.65ha site at 404 Yawalpah Road, Coomera 4209 for $3.65million ($646,017/ha).