50% stake in Runaway Bay Shopping Centre sold for $128 million year CBRE
Perth’s Greenpool Capital in partnership with investment firm Qualitas has made its latest retail play, acquiring a 50% stake in the Gold Coast’s Runaway Bay Shopping Centre for $128 million. CBRE’s Head of Retail Capital Markets – Pacific, Simon Rooney negotiated the off-market sale on behalf...
Osborne Park retail space leased to Bed, Bath N’ Table by Realmark Commercial
A brand-new large format retailer secures space in King Edward Commercial Centre Unit 1, 488 Scarborough Beach Road Osborne Park leased to Bed, Bath N’ Table. The deal was transacted by Mike Rowe and Fletcher Wolpers of Realmark Commercial.
High profile Chapel Street corner sold via online auction by Fitzroys
Commercial investment 232-234 Chapel Street & 2-2A Cecil Place Prahran sold through an online auction by Fitzroys’ Mark Talbot and David Bourke for $3.84 million, at a 2.3% yield on the passing rental.
Teska Carson’s Michael Taylor and Matthew Feld are marketing a city fringe showroom investment or future owner-occupier property at 518 Church Street Cremorne for sale by Auction.
Melton South Coles Neighbourhood Shopping Centre sold sub 5% by Stonebridge Property Group
A neighbourhood shopping centre sold in Melton South sold for $43,000,000 at 4.83% yield by Justin Dowers and Kevin Tong of Stonebridge Property Group transacted the property off-market to a syndicate of locally based Asian investors.
Woolworths Greenvale Lakes sold on a sub 4% yield by Stonebridge Property Group
A brand-new neighbourhood shopping centre sold with Woolworths supermarket, BWS and two speciality shops for $27.7 million, representing a yield of 3.95% by Stonebridge Property Group Justin Dowers, Kevin Tong and Philip Gartland who acted as sole agent on behalf of Woolworths Group Limited. ...
Brand-new 20-year Triple Net Lease Boronia Hotel Freehold investment for sale by JLL and Cropley
JLL together with Cropley Commercial present the triple net lease freehold Boronia Hotel for sale representing a coveted hospitality & retail investment within metropolitan Melbourne’s eastern suburbs. Marketed for sale via JLL’s John Musca, Will Connolly and Stuart Taylor along with Steve...
Richmond property sold for record 1.22% yield at $8.3m to investor by Teska Carson
A Melbourne based investor has paid $8.3 million on what is believed to be a record low passing yield of just 1.22 per cent following an Expressions of Interest campaign through George Takis and Larry Takis of Teska Carson.
Portfolio of 12 activity centre investments for sale in Victoria’s southeast growth corridor
Stonebridge Property Group is bringing to market twelve (12) shops for sale located throughout Melbourne’s southeast growth corridor. Stonebridge Property Group agents, Rorey James, Nic Hage, Kevin Tong & Sarah Xi 席子棠 will be handling the transactions alongside local agents Michael Brennan...
Mackay’s Mount Pleasant Centre sold $162.5 m by CBRE
Melbourne based fund manager Fawkner Property has acquired the Mount Pleasant Centre in north Queensland for $162,500,000 negotiated by CBRE’s Simon Rooney, together with James Douglas, amid strong investor demand for sub-regional shopping centres.
