Tuesday, 20th November 2018
New South Wales
Sydney CBD Vacancy Rate (AFR)
Vacancies in the Sydney CBD at are at an all-time low for commercial office space hitting a 10-year low of 4.6% as of July according to the Property Council of Australia Office Market Report.
Chester Hill Warehouse Leased (AFR)
Shop for Shops has secured a three-year lease of a 1,985m² Warehouse at Unit 1, 171-173 Orchard Road, Chester Hill 2162 on a gross annual rent of $116/m² ($230,260 p.a).
Huntingwood Office Leased (AFR)
Peckys Limited has agreed to terms on a five-year lease of a 457m² office at 20 Healey Circuit, Huntingwood 2148 on a net annual rent of $145,000 ($317.29/m² p.a).
Melbourne CBD Retail Shop Sold (AFR)
A private landlord has agreed to a six-year lease at 241B Flinders Lane, Melbourne 3000 on a gross annual rent of $121,000 for the 24m² property ($5,042/m² p.a).