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  • Patrick Ewing

Monday, 3rd June 2019


New South Wales

Hunter Valley Winery Sale (AFR)

  • 40 hectares of vineyards a 534 Oakey Creek Road, Pokolbin, NSW 2320 has been sold by Sydney fund manager Michael Alexander Hill to a Sydney-based purchaser for $2.605 million ($65,125/ha).

  • The estate includes a four-bedroom European-style residence and cellar door.

Queensland

Makerston House Office Tower Sold (AFR)

  • ASX-listed Challenger has sold the Makerston office tower at 30 Makerston Street, Brisbane City, QLD 4000 to Sentinel Property Group for $103 million ($6,866.67/m²) for Sentinel’s Regional Office Trust.

  • The tower, sold on a net passing yield of 7.85%, offers almost 15,000m² of space across its 13 levels.

Victoria

Chinese Investor Revealed as St Kilda Road Buyer (AFR)

  • The 19,645m² of office space at 509 St Kilda Road, Melbourne, VIC 3000 has been revealed to have been purchased by Chinese developer, Runjiang Investment Group for $163 million ($8297.28/m²).

  • The tower is 100% leased to a range of established national and international tenants including AIA Australia, Fuji Xerox and Webjet, providing a WALE of 4.5 Years.

  • The tower was sold by property tycoon, John Beville.

#HunterValley #Winery #MakerstonHouse #Challenger #SentinelPropertyGroup #BrisbaneCBD #StKildaRoad #StKildaOfficeTowerSold #RunjiangInvestmentGroup #JohnBeville

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