Colliers, on behalf of our valued client, Arise Developments, announce the sale of the retail convenience offering of Brabham Common, 2 & 3 Marvel Entrance, Brabham, Perth, WA for $31,420,000.
City of Gold Coast purchase corporate centre for $46.25 million - CBRE & McVay Real Estate
City of Gold Coast has expanded its investment portfolio with the $46.25 million purchase of the Wyndham Corporate Centre in Bundall from property fund management company. CBRE’s Mark Witheriff, Jack Morrison and Peter Chapple together with Dan McVay and Brock McDermott of McVay Real Estate...
Adelaide convenience-based retail asset Brickworks Marketplace sold off-market for $85 million by JLL
A 100% interest in a convenience-based sub-regional retail centre Adelaide sold for $85 million to FRP Capital. JLL’s Nick Willis and Sam Hatcher exclusively sold Brickworks Marketplace on behalf of Charter Hall after tabling an unsolicited offer from FRP Capital on a sharp yield.
Trio of properties sold in the launch of CBRE’s National Auction Series
Close to $18 million in property has changed hands as part of a new CBRE National Auction Series. CBRE Capital Markets General Manager Adrian Sacco said, “We need to be expansive in our offering given the current market conditions and rising interest rate environment.”
Newcastle neighbourhood shopping centre sold for $27 million by JLL and Stonebridge on behalf of TAMIM Funds Management
TAMIM Funds Management neighbourhood mall Elermore Vale Shopping Centre Newcastle sold to a Sydney private investor for $27 million negotiated by JLL’s Sebastian Fahey, Dylan McEvoy and Nick Willis together with Stonebridge’s Phillip Gartland and Alexander James-Elliott, achieving a 4.80%...
Coles mixed-use apartment and retail site sold - CBRE
Coles Group Property Developments has sold a high-profile mixed-use apartment and retail site in Sydney’s south for $44 million to facilitate the development of a new best-in-class supermarket. Sold by CBRE’s James Douglas and Ben Wicks.
Rochelle House Melbourne CBD office strata sold for $2.1m - Colliers
212 sqm penthouse and rooftop at 415 Bourke Street, Melbourne, Rochelle House sold to a local barrister for $2,100,000, representing a building rate of $9,905/sqm through Colliers Melbourne City Sales team.
Busselton Boulevard Shopping Centre sold Centuria by CBRE & VPG
Centuria Capital Group has today announced its acquisition of Busselton Boulevard Shopping Centre in WA for $16m, following its recentacquisition of Margaret River Shopping Centre (also in WA). The combined total for the two deals was $31 million, with CBRE’s James Douglas and Chloe Mason...