Lucky family banks over $20m for Melbourne farm
Avid Property Group – which last August bought AV Jennings – has quietly snared a farm beside a housing estate
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Chemist Warehouse co-founder doubles down at Mt Eliza
Chemist Warehouse co-founder Mario Verrocchi has dug deep for an 18 hectare farm beside his Morning Star estate at Mount
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Brisbane growth corridor site sold for subdivision
Kingsmede has snapped up a Brisbane growth corridor site and applied for a 22-lot subdivision, and super-block. The 3.34 hectare
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Centuria sheds Cleanaway depot after five years
EXCLUSIVE Centuria has quietly sold a Perth maintenance depot occupied by Cleanaway, which sold it years ago with a leaseback. The
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Agnew Group doubles down in Moruya
Agnew Group, behind the Hive Hotel brand, has swooped on the Moruya Waterfront Hotel Motel. The freehold going concern hit
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Taisei Kanko sells Cairns’ ex-Holiday Inn
Cairns’ former Holiday Inn, now the Harbourside Hotel, has sold. The local arm of the construction and hospitality division of
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Mahil Group buys Royal Hotel Nundah
Lotana Property Investment has sold the c1888 Royal Hotel Nundah to the Mahil Group. Also recently trading as the Royal
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Prominent Gold Coast servo fetches $10m
A busy Gold Coast service station once owned by the Lowe family, which founded Independent Fuel Suppliers, now owned by
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QIC sells Chatswood gym
QIC has settled on the sale of a gym in Chatswood’s industrial precinct. The 6491 square metre holding, 350 Eastern
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Redcape snaps up Central Coast hotel
The Thomas family has sold the freehold going concern to another popular hotel, this time to the Redcape Hotel Fund.
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Dual supermarket investment fetches $39m
Private venture capitalist Looop has sold the bulk of an outskirt Melbourne shopping centre it delivered 10 years ago. The
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Permit-ready Frankston apartment site trades off-market
A sprawling low rise healthcare complex with a rooftop car park opposite Frankston Library has quietly sold for $9.1 million.
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Laminex manufacturing plant sold to developer
Forza Capital has acquired the prominent Laminex manufacturing plant at Cheltenham with plans to repurpose buildings for commercial use and
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Charter Hall lines up another Queensland mall
Laurence Lancini has sold a Capricorn Coast shopping his company developed 10 years ago. The 2.8 hectare Yeppoon Central is
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Built, Wesfarmers form housing venture
Built and Wesfarmers have formed a 50:50 joint venture targeting Australia’s housing supply, focusing on offsite apartment manufacturing. To be
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Pep Rocca sells park front Adelaide office, car parks
Pep Rocca has sold a park front Adelaide office and 140 strata titled car parks in an adjoining complex. The four
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Scifleet family sell sprawling car pre-delivery centre
The Scifleet family, which controls several south east Queensland Toyota car dealerships, has sold a sprawling outer north Brisbane property
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Sonic expands Macquarie Park footprint, plans state significant project
Stockland has quietly sold a Macquarie Park office to neighbour Sonic Healthcare which has just applied to replace the amalgamation
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Linfox signs major industrial lease deal
Arrow Capital Partners has filled a last mile logistics investment in Brisbane’s south west Heathwood. Linfox will move into 17,925
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Union buys North Melbourne office, car park
The Rail, Tram and Bus Industry Union Victorian division will shift headquarters within the city’s inner north. The group has
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Carpe doubles down in South Melbourne
Tim Campbell and Stuart Kacir’s Carpe Group – which turns 10 this year – has scooped up neighbouring South Melbourne
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Solotel buys Sydney pub from landlord
Elliot Solomon has bought a popular inner city pub from his landlord of nearly 20 years. The Court House Hotel
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Greystar sheds maiden industrial asset
Greystar has quietly sold one of four industrial assets which marked its entry into the local sector in 2022. The
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Blackstone, Fife trade DHL distribution centre
Blackstone is selling a modern logistics facility in Sydney’s outer west, to Fife Capital The result for 78 Templar Road,
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Kinkora buys another IOS investment
EXCLUSIVE Kinkora Investments, the new name for KM Property Funds, has picked up an industrial outdoor storage site beside the
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Natgen buys light industrial estate site
Natgen has bought a Gold Coast growth corridor site with plans for a light industrial estate. Actually two neighbouring properties,
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Church sells former Emmanuel College
The Catholic church has sold the former Emmauel College campus, opposite the Botanic Gardens in Bromfield Street, Warrnambool. Also exposed
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West Melbourne hobby farm fetches $180m from developers
Stamford Capital and Citius have snapped up a major industrial and residential development site in Melbourne’s west. The 58.9 hectare
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St Kilda’s Prince of Wales sold
Grant Smillie has bought St Kilda’s landmark Prince of Wales Hotel with plans to revitalise. The leasehold was held by
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Ex-Public Transport Union HQ sells
The city’s ex-Public Transport Union headquarters in Chinatown has sold. Nowadays a boutique office known as LM House, 333-337 Sussex
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Hot Tomato House sold after revamp
The Gold Coast office home to radio station Hot Tomato 102.9 FM has sold after a $2 million capital expenditure
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Dandenong South warehouse trades for $28m
Sydney investors have sold a major Melbourne industrial investment. The Dandenong South asset, 41-53 Monash Drive, changed hands for $27,955,000.
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Zimbler toy factory sells off-market
An inner-city Melbourne factory for years occupied by toy maker and distributor Zimbler as its local headquarters has sold off-market.
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Gold Coast medical centre collects $7.8m
A home converted medical centre with demolition clauses attached to the rental agreements has sold for $7.75 million. Also a
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Nick Politis sells Gold Coast pub after a decade
A partnership including Nick Politis has sold Treetops Tavern after a decade. The large format hotel in Burleigh Waters traded
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Modern SDA investment trades for $7.9m
A three year old specialist disability accommodation investment in Sydney’s south west has sold. The $7.85 million result for the
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Centurion buys another key worker accommodation asset
A six level key worker accommodation complex developed in eight days using pre-fabricated modules, has sold for $28.55 million. Singapore
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Developer buys back Mosman post office
Sun Property Group has bought back a Mosman post office and neighbouring Indian restaurant, sold in 2024. The local developer
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Government banks $9.6m for industrial site
Oly Homes has settled on neighbouring sites within the Sunshine Coast Industrial Park, being subdivided by the state government. The
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Prahran pet shop sold for apartments
Little Projects has bought a pet shop in Prahran’s High Street with plans for apartments. At the south west corner
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Coles sells another new shopping centre
Coles Group Property Developments has sold another new Gold Coast supermarket with a leaseback – this time at Varsity Lakes.
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Hale snaps up major Melbourne business park
EXCLUSIVE Six weeks after raising $800 million for an opportunistic fund targeting last mile logistics investments, Hale Capital Partners has
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Melbourne asset manager flips car yard after six months
Melbourne asset manager Plantation Capital has banked an impressive capital gain flipping one of two car yard investments bought six
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Growthpoint eyes Greensborough Plaza
Blackstone is understood to be close to selling Greensborough Plaza, marking its exit from the Australian retail sector. It could
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Toll warehouse fetches $11m
The Scaffidi family has sold a former Hoepners Transport facility held five years. Nowadays occupied by Toll Transport, the 1.33 hectare
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Exceed lines up Sydney Olympic Park office
Exceed Capital has entered negotiations to buy a Sydney Olympic Park office leasehold from Charter Hall. The six level building
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Neighbouring Landsdale sites trade for $33.5m
Neighbouring Landsdale industrial properties including one housing the 70 year old Bill’s Machinery business, with its famous red and white
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University, law firm establish on-campus office
A Melbourne law firm has established an on-campus office within RMIT. The first partnership of its type for the university’s
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Melbourne’s north enters a new industrial recalibration: Colliers
Melbourne’s northern industrial corridor is entering a new stage of market evolution, with more than $515 million in large-format land
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Eureka spends $14.1m on Victorian holiday villages
Brisbane based land lease community focused Eureka Group Holdings has bought two Victorian assets. The priciest, Frenchview Lifestyle Village at
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Nick Politis buys Sydney’s Chopard store
The Australian Federal Police has sold a prominent Sydney CBD retail property seized under proceeds-of-crime laws. Nick Politis bought 119
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Arthur Laundy doubles down in Woy Woy
Harvest Hospitality has sold the Woy Woy Hotel after five years and a renovation. The group is in the black
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Australia Post opens Brisbane’s largest air and speed parcel hub
Australia Post has opened its largest air and speed distribution centre, spanning 78,000 square metres. Capable of processing 250,000 parcels
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Charter Hall buys sprawling Sydney car dealership
Charter Hall has snapped up a large-format automotive retail asset in Sydney’s south. The Kirrawee properties, 499-511 Princes Highway and
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Aliro, Goodman trade two industrial investments
Aliro Group has picked up two west Sydney industrial investments from Goodman, outlaying $438 million. The deal includes at Pemulwuy,
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Key worker housing asset collects $45m from Singapore investor
Centurion Corporation Limited has entered the key worker housing market with neighbouring assets in Western Australia’s Pilbara. Velocity Village (pictured,
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Food and beverage convenience centre trades for $7.05m
A Brisbane private investor has sold a small neighbourhood shopping centre in the city’s north after nine years. The 3349
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Perth convenience centre sold in pieces
Two parcels from a subdivided convenience retail project in Perth’s north-east have sold for a combined $10.05 million following a
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Marprop divests AFP office, training facility
Marprop has sold a Canberra office and training facility held five years. The asset manager banked $86 million for the
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Beck family begins building Mornington Peninsula light industrial estate
Beckdev, led by Becton founder Max Beck with son Ben, has commenced construction of a light industrial estate at Rosebud
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Centuria, Quanta trade another healthcare asset
Quanta is buying another medical centre investment from Centuria, this time in New South Wales at the Victorian border. The
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Newcastle warehouse leased, sold
A warehouse in Newcastle’s west has leased and sold in quick succession. Australia Post will move into the 2135 square
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Time & Place, James Packer buy row of homes for apartments
Time & Place with James Packer’s NPACT has settled on five neighbouring Mosman homes with plans for a nine level
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Adelaide industrial site fetches $15m
Realside has acquired an industrial development site near the RAAF Base Edinburgh, north of Adelaide. The 4.368 hectare property, 34-50
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Racing club buys ex-RSL, car park
The Melbourne Racing Club’s hospitality arm has bought the ex-Pascoe Vale RSL and rebranded it The Cumberland. Pegasus Leisure Group
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Sam Arnaout sells hotel with redevelopment permit
Sam Arnaout has sold a regional New South Wales motel after obtaining a permit to replace it with a nine
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Ground floor Southbank strata fetches $5.2m
A sprawling ground floor commercial space, part of Evolve Developments’ Botanic project in Southbank, has sold. The 517 square metre
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Prominent South Hurstville pub sells
Francis Venues has sold Kings Head Tavern after 18 months. The South Hurstville pub collected $40 million from operator Parras
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Charter Hall builds position in Abacus Group
Charter Hall Group has bought a 5.837 per cent interest in Abacus Group. The deal – enough to require a
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Ipswich housing, childcare centre site fetches $15m
SKF Development has acquired a 3.02 hectare site at Collingwood Park in Brisbane’s west. Stage 11 of the Forest View
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Paul Gedoun picks up another Rainbow Bay site
S&S Projects has swooped on three neighbouring Coolangatta properties with plans for its biggest apartment complex. The local group, founded
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Star Media buys into Australian office fund
Star Media Group Bhd has invested $35.5 million in an Australian office-focused fund targeting exposure to assets in Sydney, Melbourne,
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Swiss training clinic leases prominent Mosman corner
Kieser has committed to a flagship hub – choosing Sydney’s affluent Mosman. The strength training clinic – established in 1967
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Ex-Cue Clothing warehouse sold
The Levis family has sold an inner south Sydney industrial property formerly used by its Cue Clothing brand, which it
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Sydney shopping centre sold out of receivership
A neighbourhood shopping centre permit-ready for an extension in Sydney’s south west growth corridor has traded out of receivership for
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Siemens, Stack sign Cremorne leases
360 Capital FM Limited and Alfasi Group have secured two more tenants to a five year old Cremorne office. With
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End of an era as Dougherty family sell Grafton hotel
The Dougherty family has sold Grafton’s Clocktower Hotel – built 18 years ago on the site of the Parkview Hotel
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University buys $72.3m office
Edith Cowan University is set to expand its footprint in central Perth, agreeing to buy a five year old office
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Maling Road Post Office repurposed
The former Maling Road Post Office, in Melbourne’s leafy east Canterbury, has been repurposed. The c1908 building at the south
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Nic De Luca lists another piece of Berrinba Central
Deluca Corporation has listed a recently completed healthcare investment, part of Berrinba Central, in Brisbane’s south. The two level asset
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