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  • Patrick Ewing

Monday, 1st April 2019


New South Wales

Mixed-Farming Aggregation Sells for $25 Million (AFR)

  • South Korean multinational Hanwha Group has purchased the 5,798ha Warragundi mixed-farming aggregation in Mudgee, NSW that sits on the Cudgegong River.

  • The site was purchased from local farmers John and Sandra Harding for around $25 million ($4,312/ha).

Silverwater Warehouse Sale (AFR)

  • The warehouse at 16 Derby Street, Silverwater NSW 2128 has sold to a private party for $10 million ($2,940/m²).

  • The total 3,401m² holds a 2,942m² warehouse with the remainder of the property comprising of office space.

Queensland

North Lake’s $21.5 Million Style Centre (AFR)

  • An 8,000m² homemaker centre at 4-6 Burke Crescent, North Lakes, QLD 4509 has been bought by fund manager, Exceed Capital for $21.5 million ($2,688/m²) – reflecting a relatively high yield of 8.15%.

Victoria

Broadmeadows Industrial Facility Sold (AFR)

  • The industrial premises at 37-45 Camp Road, Broadmeadows VIC 3047 has been sold to a private investor for $5.5 million.

  • The sale represents a 6.3% yield on the 13,890m² ($396 /m²) site.

#HanwhaGroup #FarmingAggregation #SilverwaterWarehouse #SilverwaterOfficeandWarehousePropertyLeased #HomemakerCentre #BroadmeadowsIndustrialFacilitySold

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