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Apr 15, 2021
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The former Mornington Cinemas sold at auction $3.72m announced by Jacobs and Lowe

Jacobs and Lowe have announced that the former home of Mornington Cinemas has sold at auction for $3,720,000 to a local Mornington developer. The property was marketed and sold by Jeremy Lewis and Michelle Adams of Jacobs and Lowe Estate Agents in conjunction with Joseph Carbone and Stephen...

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Apr 14, 2021
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Pakenham Place SC to welcome Aldi in redevelopment

Sub-regional retail centre Pakenham Place is set for a complete transformation following Leaf Corporation and Banco Group’s mid-COVID purchase from QIC. Key retailer Aldi to adjoin Coles in a deal brokered by Teska Carson Director Steven Fein.

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Apr 12, 2021
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Lidcombe Adidas-anchored investment sold for $12.3M at 5.6% net by Ray White Commercial

A private investor has purchased a landmark high-profile investment as the Adidas-anchored property at ...

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Apr 10, 2021
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Unprecedented market sentiment drives price for a vacant Brighton medical centre sold by CBRE

An exclusive Bayside medical center sold for $3,525,000 reflecting a $625,000 uplift in price for the owner who originally purchased the property just 18 months ago. The transaction was handled by the specialist team of CBRE Australian Healthcare and Social Infrastructure Sandro Peluso, Josh...

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Apr 9, 2021
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Prominent retail investment Lower Sandy Bay Hobart sold Knight Frank

George Burbury and Scott Newton of Knight Frank have announced the unconditional sale of the properties located at 1 Beach Road and 644 Sandy Road, Sandy Bay, Hobart Tasmania. 

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Apr 7, 2021
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West Perth office refurb achieves 96% occupancy LJHooker Commercial Perth

After a stunning upgrade, 87 Colin Street West Perth is enjoying a 96% leased occupancy. 2,482m2 has been leased over the past 24 months by exclusive leasing agents Jack Bradshaw and Brian Neo, LJ Hooker Commercial Perth. 

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Mar 31, 2021
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ESR Australia acquires income producing landbank in Macquarie Park A$71m

ESR Australia (ESR) is pleased to announce the acquisition of 44-50 Waterloo Road in Macquarie Park NSW. Located in the tightly held Macquarie Park precinct, ESR Australia secured this rare landbank investment for A$71 million. Phil Pearce CEO of ESR Australia said, “This landbank investment...

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Mar 30, 2021
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Urban Utilities anchor tenant for new $375 million commercial tower Fortitude Valley Brisbane

Water utility Urban Utilities is moving to the new 17-storey commercial development. Designed by Nettleton Tribe Architects, 31 Duncan Street is being developed by Tribune Properties and LKM Holding’s Tim Mahony and Andrew King. 

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Mar 30, 2021
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COVID-proof Ambulance Victoria investment sells for $3.6m at 3.8% yield Fitzroys + O&Co

Investors have competed fiercely at auction for the Camberwell home of Ambulance Victoria, demonstrating the premium placed on secure investments in the current environment. Fitzroys Chris James and David Bourke together with Patrick O’Callaghan of O&Co auctioned 612-616 Camberwell Road sold...

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Mar 29, 2021
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$94.3m worth of commercial property at average yield of 4.73% sells at Cushman & Wakefield portfolio auction

Cushman & Wakefield’s National Investment Sales team of Michael Collins, Aaron Dahl, Yosh Mendis, Tom Moreland, and Geoff Sinclair managed the sales campaign.

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