Wednesday, 20th February 2019
New South Wales
North Sydney Office Lease (AFR)
A five-year lease of 289² of office space has been agreed on by medical association MS Australia at 110 Pacific Highway, North Sydney NSW 2060. The lease was finalised on a five-year term at a gross annual rent of $580/m² ($167,620 yearly).
A-Grade Industrial Facility Lease (AFR)
2530m² of A-grade industrial facilities at 1435 Boundary Road, Wacol QLD 4076 has leased to international parts provider JOST. The net annual rent was determined at about $303,000 ($120/m²) for six years with options.
$36 Million Hervey Bay Shopping Centre (AFR)
Established property group, M/Group, have acquired the Pialba Place Shopping Centre on the corner of Hunter Street & Old Maryborough Road, Pialba QLD 4655. The centre, which sits on a 4.38ha site, was sold by Vinta Group for $36 million.