Aged care centre in Melbourne's east sold for $11.3 million
A Singapore-based investor has purchased a 70-bed facility aged care facility in the Melbourne suburb of Boronia for $11,300,000 in a deal negotiated by CBRE’s Jimmy Tat, Marcello Caspani-Muto, Sandro Peluso and Josh Twelftree.
North-east Melbourne industrial asset sold for $3.4 million
A well-placed industrial property in the Fairfield commercial hub of north-east Melbourne has sold under the hammer for $3.4 million through Gray Johnson.
Anthony Carbone calls time on commercial property career
Independent commercial property agency CVA bid farewell to an elder statesman of its leadership group at the end of last year as Northern Region Director Anthony Carbone departs from his role.
Low vacancy/rents to drive Sydney and Melbourne office growth in 2020 - m3property
Continued downward pressure on vacancy and concomitant rental growth will drive the Sydney and Melbourne office markets into the new year, according to a new forecast from m3property.
Coles Mentone sets record yield after being sold for $15.3 million
A standalone Coles supermarket in the Victorian suburb of Mentone has sold at auction for 15.3 million through Mark Wizel, Justin Dowers and Kevin Wong CBRE
Double storey retail/office for sale in Melbourne's north
A two-storey commercial property in the heart of Coburg's retail precinct is set to go under the hammer next week through Benjamin Klein and Michael Gross of Gross Waddell.
Chinese buyers in Philippines take a breather after long sprint
After four quarters of sprinting through double and triple-digit growth, Chinese buyers took a breather in the third quarter of 2019, according to Juwai Executive Chairman Georg Chmiel
Interstate buyers helping drive Perth leased investment sales - Ray White
Purchasers from interstate have helped drive recent leased investment sales across Perth as investors look to capitalize on assets under $500,000, according to Ray White Commercial.
Housing affordability back to 'square-one' as cities reach new peaks
With the property markets in Sydney and Melbourne projected to reach new peaks by the end of 2020, it’s back to ‘square one’ for housing affordability, according to RiskWise Property Research.
