New childcare set for Graceville following prominent site sale by Knight Frank
A site at 232 Oxley Road in Graceville sold for $2.6 m will be redeveloped into a 106-place childcare centre if a current development application is approved. Christian Sandstrom of Knight Frank introduced the purchaser.
Charter Hall Direct Fund secures 12-year lease with Commonwealth at Moonee Ponds, Victoria
Charter Hall Group (Charter Hall or the Group) is pleased to announce that its Direct PFA fund (PFA or the Fund) has secured a new 12-year lease with the Commonwealth of Australia in Moonee Ponds, Melbourne.
Dexus announces Sale of 12 Creek Street Brisbane in a $391m deal
Dexus announces that it has conditionally exchanged contracts to sell 12 Creek Street, Brisbane, which it owns a 50% interest, with Dexus Wholesale Property Fund (DWPF) owning the remaining 50% interest.
Melbourne City Harbour office buildings sold to Singaporean institution $150m by Colliers and CBRE
Two A-Grade Melbourne office investments sold for $150 m by Colliers’ John Marasco, Anna Cavar, Oliver Hay and Adam Woodward with CBREs Mark Coster, Kiran Pillai, Scott McGlone and Stuart McCann.
Bunnings Nowra sold to Charter Hall for $65.3 million on 4% yield by JLL
Bunnings Nowra has transacted on an off-market basis to Charter Hall. JLL’s Retail Investments Australia Sam Hatcher and Nick Willis. Retail asset at 129 Princes Highway South Nowra sold to Charter Hall for $65.3 million and a yield of 4%.
Hawthorn development leased to top childcare operator by CBRE
Niño Early Learning Adventures has leased a Hawthorn premium childcare centre off the plan to Niño Early Learning Adventures. 760 Toorak Road Hawthorn leased on a 20-year lease with two 10-year options negotiated by CBRE’s Healthcare and Social Infrastructure team of Sandro Peluso, Jimmy Tat and...
Jarra Property Western Australia Childcare Portfolio sold to Dorado Property Group $18.4m by LJ Hooker Commercial
Dorado Property Group has purchased a childcare property portfolio for a total of $18.409 million from Perth-based Jarra Property. LJ Hooker’s Jake Wallman handed the off-market sale of the four centres which sold on a blended yield of 6.1%.
ALDI sells their first Supermarket in Victoria as Coles Supermarket in Lalor hits the market - Stonebridge
ALDI bayside Mordialloc the first supermarket sold for 2022. Stonebridge Property Group’s Justin Dowers, Kevin Tong and Rorey James exclusively handling the transaction on behalf of ALDI.
Off the plan Service Station KFC plus 7 shops sold on 4.8% yield by Stonebridge
Melbourne based developers Strintzos Property Group and Dacland developed 7-Eleven anchored Service Centre in Tarneit sold $19.91m at yield of 4.8%. Rorey James, Kevin Tong and Justin Dowers from Stonebridge Property Group exclusively handled the transaction.