Tuesday, 15th October 2019

New South Wales

Blacktown Office/Warehouse Leased (AFR)

· Airconditioning business Cool Breeze Rentals have leased a 1537m² office/warehouse at 1A Bessemer Street, Blacktown NSW 2148.

· The lease was finalised on a four-year term with options at a net annual rent of $130/m² ($200,000).

Riverstone Factory Rental (AFR)

· Steel distributor United Steel have struck a four-year lease over a 12,451m² factory in the Sydney north-western suburb of Riverstone at an annual rent of $884,021 ($70.49/m²).

Warwick Farm Warehouse Lease (AFR)

· E-waste recycler MRI have secured a three-year lease over a 3700m² warehouse at 36 Orange Grove Road, Warwick Farm NSW 2170 at a gross at annual rent $92/m² ($340,400).

Wetherill Park Warehouse Leases (AFR)

· NB Evergreen Living have leased a 670m² warehouse at 48 Bentley Street, Wetherill Park NSW 2164. The three-year lease was secured with an annual rent of $130/m² ($87,100).

· A private landlord has leased out a 5096m² warehouse at 22-24 Redfern Street, Wetherill Park NSW 2164 for four years at a net annual rent of $105/m² ($535,080).

Victoria

Melbourne CBD Retail (AFR)

· Travel Money have leased 80m² of retail space at the refurbished Carnegie and Brashs buildings at 108 Elizabeth Street, Melbourne VIC 3000.

· The five-year lease came with confidential rents though similar properties in the area are advertised at around $5,000/m².