The Mackay West Shopping Centre has sold for $10.4 million in a sign of ongoing demand for convenience focused retail assets says Michael Hedger and Joe Tynan CBRE.
Mandurah Service Station Retail sold at 6.1% yield by Vend
Jeff Klopper Managing Director of Vend Property has sold 13 Lakes Road Greenfields Mandurah Western Australia by private treaty to Fawkner Property LTD.
Almost $55 million in property sold at Cushman & Wakefield auction
Cushman & Wakefield has announced the sale of eleven commercial properties for a combined value of $53.59 million, during what it says is the largest national portfolio auction held in Sydney this year.
Melbourne’s Inner-east proves commercial real estate credentials says Fitzroys
Melbourne's inner-east continues to attract commercial property activity throughout the COVID period, with $9.5 million worth of freeholds selling along Camberwell Road in a matter of weeks by Fitzroys
Dexus and HWPF acquire state-of-the-art healthcare development Adelaide $446.2 m AUD
In the largest single-asset private healthcare acquisition in Australia, Dexus and the Healthcare Wholesale Property Fund (HWPF) have exchanged contracts to acquire (in 50/50 co-ownership) the Australian Bragg Centre in Adelaide from Commercial & General.
Hawthorn East sale highlights vacant-office demand - CBRE
Two side-by-side offices in the affluent Melbourne suburb of Hawthorn East sold for $4,450,000 to a local investor by the CBRE team of David Minty, Nathan Mufale, Sandro Peluso, Scott Hawthorne and JJ Heng.
Bakewell Shopping Centre Mannikan Court NT SOLD $33 m by JLL
Further highlighting current market demand for convenience focused, essential services retail, Bakewell Shopping Centre attracted significant enquiry focused on the strong performance of the supermarket, SOLD by JLL.
Off-the-plan VicRoads customer service centre sold for $9.3 million - Savills
A strata-titled VicRoads office east of Melbourne has been sold off-market to Chinese-based investor for $9.3 million in a deal negotiated by Savills Australia agents Jesse Radisich and Benson Zhou.
Glenmore Park Town Centre sold for $150 million - Stonebridge
Greater Western Sydney's Glenmore Park Town Centre has been sold to property group HomeCo for $150 million in a deal negotiated by Stonebridge Property Group Partners Phil Gartland, Carl Molony and Jonathan Fox.