Tannum Central Shopping Centre sold for $18.5m reflecting another record yield in regional Queensland of 4.90%. Savills’ Peter Tyson and Jon Tyson handled the off-market deal on behalf of Sydney based boutique fund manager Whistle Funds Management.
Bitternfields Shopping Centre Mornington Peninsula sold breaking neighbourhood records - JLL
Bitternfields Shopping Centre, an IGA anchored neighbourhood shopping centre located on Melbourne’s Mornington Peninsula has sold for approximately $12 million reflecting a record breaking 4.08% initial yield.
Owner/Occupier pays $1.3m for Bay St `cold shell’ - Teska Carson
A cold shell, strata retail/office suite, on Brighton’s popular Bay Street shopping strip sold to an owner-occupier for $1.3million – more than $200,000 over the vendor’s reserve in a deal brokered by Teska Carson’s George Takis and Luke Bisset.
Capricorn Coast Emu Park Village sold $17.95m by Savills
A modern neighbourhood shopping centre sold by Savills’ Jon Tyson and Michael Harcourt. Emu Park Village sold for $17.95m following an Expressions of Interest campaign.
Burleigh Home + Life centre sold for $72.5 million by Colliers and JLL
Landmark commercial property Gold Coast sold by Gordon Corporation. Burleigh Home + Life centre sold for $72.5 million by Colliers Steven King and James Wilson in conjunction with JLL’s Jacob Swan, Sam Hatcher and Ned McKendry.
Neighbourhood retail centre sold for $5.6m by Fitzroys
A neighbourhood retail centre Boroondara sold for $5.6 million Fitzroys’ Shawn Luo, Chris James and David Bourke. Belmore Plaza 399 Belmore Road Balwyn sold on 3.8% yield.
Iconic Fremantle’s Roma Cucina sold off market by LJ Hooker Commercial
“9-19 High St is a beautifully restored heritage building known to many local, interstate and international guests as iconic restaurant Roma Cucina sold off-market for $3,500,000 by LJ Hooker Commercial Principal Brian Neo.
Broadway Property leads transactions on key Darwin and Brisbane Assets
Property advisory firm Broadway Property has successfully managed the transactions of both Darwin Corporate Park and 1 Miles Platting Road located in Brisbane Technology Park jointly with Knight Frank.