Melbourne heritage investment sold for $5.1 million
A heritage investment neighbouring St Vincent’s hospital has successfully transacted for $5.1 million to a local developer in a deal facilitated through CBRE’s Josh Twelftree, David Minty, Jimmy Tat, Sandro Peluso and Dylan Kylner.
South-east Melbourne retail freehold sold for $1.485 million post-auction
A double-storey retail property at 327 Glen Huntly Road, Elsternwick has ended up selling at a 3.77 per cent yield, despite being passed in when auctioned by Gross Waddell agent Benjamin Klein.
Two retail properties in the Victorian beachside suburb of Sandringham have been sold for a combined total of $835,000 in deals facilitated by Gross Waddell, in conjunction with Wilson Commercial.
Amaroo Village Shopping Centre, located in one of Australia’s fastest growing metropolitan areas, sold to private interstate investor by Savills and Stonebridge.
Investors achieving sharp yields for Brisbane metro assets
Property in Upper Mount Gravatt – sold for $7.5 million – achieves record 2.73 per cent yield in climate of strong competition and shortage of investment assets.
St Kilda Road office sale results in 30 per cent uplift from 2017 transaction
Partially refurbished, vacant office tower in St Kilda Road precinct sold for almost $18 million represents purest test of investor confidence, says CBRE.
Vicinity stakes in Corio Central and Mt Ommaney Centre sold for a combined value of $195.5 million
Vicinity Centres has announced the divestments of a 100 per cent interest in Corio Central in Victoria and a 25 per cent interest in Mt Ommaney Centre in Brisbane for a combined value of $195.5 million.
