Guardian Early Education Centre Banksia Park sold for $6.4 Million - Burgess Rawson & RWC
A Guardian Early Education Centre South Australia sold for $6.4 million, yielding 5.74% through Burgess Rawson’s Adam Thomas and Natalie Couper in conjunction with Ray White Commercial’s Jack Dyson.
Centuria increases stake in strongly performing real estate finance business
Centuria Capital Group (ASX: CNI or “Centuria”) announced it has increased its interest in Centuria Bass Credit Pty Ltd (“Centuria Bass”) to 80% for a consideration of $57 million plus adjustment for NTA.
Salta Properties sub-regional shopping centre development site sold to Revelop - $20m by JLL
A Salta Properties Sydney sub-regional shopping centre development site sold to Revelop, set to be the first new sub-regional development in Sydney in over 20 years. JLL Retail Investments Australia agents Nick Willis and Sam Hatcher handled the transaction.
North Qld 7-Eleven Service Centre sold $6.6M Burgess Rawson
An as new 7-Eleven Service Centre with a Go2 Car Wash Townsville sold on 6.53% yield by Neville Smith of Burgess Rawson and Glenn Conridge of Commercial East Coast Investments.
Demolition Clears the way for Construction at Barwon Business Park Geelong
Work has started at Barwon Business Park, the 38-million-dollar strata office development by IDS Developments on the banks of the Barwon River in Newtown.
With a total of 332 LFR centres across Australia, the asset class is one of the most tightly held sub-sectors in retail, with a limited number of centres transacting each year says, CBRE Large Format Retail Australia report.
Transactions over the three-day event totalled an impressive sum of almost $103 million, highlighting the event’s magnetism for investors diversifying their portfolios. The event recorded a strong success rate of 75 per cent.
Brisbane CBD commercial sold for $13.2M - Colliers and Cushman & Wakefield
Brisbane CBD commercial property sold for $13.2M shows over 40 per cent capital growth in 3 years in a deal transacted by Colliers agents Tony Wang and Troy Linnane and Cushman & Wakefield agents Andrew Gard and Michael Gard.
Day 1 Burgess Rawson second auction event 2024 - $20m sold and 3.25% McDonald’s yield
Burgess Rawson’s second auction event for 2024 kicked off with the McDonald’s at 43 Pendlebury Road Cardiff sold on a tight yield of just 3.25 per cent.