Fox family buy golf course from Crown
The Fox family is believed to be buying Heatherton’s Capital Golf Club from Blackstone Group, which it acquired as part
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News
Another Noosa shopping centre sells
OzProp has sold a Noosa Heads shopping centre held nine years for a fund. Noosa Junction Plaza at 81 Noosa
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Salvation Army HQ sold
The Salvation Army’s national headquarters, in Melbourne, has been sold by Accord Property. Perth based asset manager Ascot Capital is
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Woolies buys another Coles
Woolworth has quietly picked up a south west Sydney supermarket leased to Coles seven more years. The 2675 square metre
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Asset manager sells IGA-anchored mall
APIL has sold a Joondalup precinct IGA-anchored shopping centre after 12 years. The Perth based asset manager banked $16.88 million
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Melbourne warehouse trades at sub four per cent yield
A warehouse covering a small portion of a 5651 square metre block, in Coburg North, sold for $7.51 million –
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Prominent Brisbane pub fetches $50m
The Farquar family has sold the Caxton Hotel freehold going concern after 28 years. The Brisbane pub is believed to
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Hotel owner quietly buys neighbouring sites
Singh Enterprises has quietly snapped up sites either side of the Mercure Spring Hill, which it bought last year. The
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Green light for towers beside Crown Casino car park
Les Smith has won approval to develop two apartment towers – of 52 and 25 storeys – on a collection
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Family office sells new Adelaide warehouse
Commonwealth government owned Outback Stores has bought an Adelaide distribution centre which hit the market in May for sale or
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ASX listed group consolidates at Broadmeadows
Reliance Worldwide Corporation will consolidate from two distribution centres to another recently completed next door, in Melbourne’s north Broadmeadows. The
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Land lease provider buys Wangaratta site
Over 50s land lease community provider Lincoln Place has snapped up a site permit-ready for a 227-lot subdivision in Wangaratta’s
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Fortis buys Collins Street office from receiver
Fortis has made its maiden Melbourne CBD play, picking up an office listed last month by Suleman Group receiver KordaMentha.
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Modern west Melbourne shopping centre sells
Glen Gala Village Shopping Centre, in Melbourne’s west, has sold for the second time in just over three years. Worth
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Charter Hall fund boosts Bunnings portfolio
Charter Hall has bought four Bunnings outlets for the Retail REIT (CQR) – outlaying a total $151 million. Two were
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Nick Politis sells heritage Brisbane building
Nick Politis has sold Brisbane’s historic Heckelmanns building after nearly 10 years. The Sydney Roosters chairman is banking $19.4 million
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Dexus sells Melbourne warehouses to tenant
Dexus has sold two large adjoining south east Melbourne warehouses to one of the tenants. Dulux Group is paying $40
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Growthpoint sells Petrie Terrace’s The Barracks
Growthpoint has sold Petrie Terrace’s The Barracks mixed use complex, picked up with its takeover of Fortius Funds Management three
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Trophy warehouse converted office for sale, Melbourne
A warehouse converted office, developed in the late 1880s for bootmaker Charles Trescowthick, who employed more than 250 people, is
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ISPT sells Parramatta office
ISPT has sold a modern Parramatta office with a 28 per cent vacancy. The Barrington at 10 Smith Street is
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Publicans trade west Sydney hotel
Vikki Webster has sold the family’s Richard’s on the Park, at Canley Vale. Lewis Hotels, led by John Lewis, is
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Perth caravan park, Queensland Mercure find buyers
ASX listed Eureka Villages has swooped on another caravan park, this time in outer south east Perth. Hillside Garden Village
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Feros family secures border town pub
The Feros family has bought Albury’s Northside Hotel from Harvest Hospitality Group which bought the freehold going concern just after
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Lawson Park Hotel, Regent Theatre sold
Lawson Park Hotel and the neighbouring Regent Theatre at Mudgee, 240 kilometres north west of Sydney, have sold to separate
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Government sells five town centre sites
Development WA has sold five small town centre sites, all up covering 1.07 hectares, part of the Wellard housing estate,
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Occupier buys Flinders Lane shop
Cha Cheng Group has bought the ground floor retail space within a historic building, in the prime section of Flinders
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Asian investor buys bank backed showroom
An Asia based investor swooped on a single storey, land rich showroom, office and warehouse in Sydney’s west Auburn for
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Developer buys $40m growth corridor block
Ausbuild is the latest developer to buy a Logan growth corridor block. The local outfit has outlaid $40 million off-market
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Charter Hall lists Sydney childcare centre
Charter Hall has listed another childcare centre, this time on Sydney’s Upper North Shore. The 87-place complex, 143-145 Pentecost Avenue,
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Tollman family sell lakeside Melbourne office
South Africa’s Tollman family has sold an office held 14 years opposite Albert Park Lake. The six storey, 1700 square
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Lendlease, NPP shed southern hemisphere’s largest single storey mall
Fawkner Property is buying Erina Fair – the southern hemisphere’s largest single storey shopping centre. The deal, with Lendlease and
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MAB sells new large format retail complex
MAB Corporation has sold another piece of its Element Park estate, in Melbourne’s outer south east. The new Clyde North
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Hotelier makes it 10 in Queensland
Sean and Dan O’Hara have sold the Gracemere Hotel, south of Rockhampton, after two years. The brother’s O’Hara Hotel Group
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Toowoomba motel, cabins sold after 30 years
A sprawling suburban Toowoomba hotel and caravan park has sold to an operator. The two hectare Jeffery’s Motel in Kearneys
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Redcape buys historic Brisbane pub
Redcape Hospitality has snapped up the c1864 Plough Inn in South Brisbane’s South Bank. The 89 year leasehold deal is
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Forza flips ex-Salvation Army HQ after revamp
EXCLUSIVE Forza Capital has sold a prominent east Melbourne office after 16 months. The Liechtenstein based Hilti Family Office is
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University sells ex-Mitre 10
The University of Tasmania has sold another site until recently earmarked for student accommodation. The school is understood to be
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Diagnostic imaging clinic portfolio fetches $18.6m
Three PRP Diagnostic Imaging backed investments sold at auction yesterday. The priciest, in Hornsby, west of Sydney (pictured, top), traded
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BYD chooses suburban office for HQ
BYD has signed a large suburban office lease deal, at Mulgrave. The China based car maker will occupy a full
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Investors drop $12.5m for Hungry Jack’s restaurants
Investors dug deep to secure two regional Hungry Jack’s restaurants this month. In the biggest deal, a 14 month old
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Inner Brisbane apartment site trades for $22m
A prominent site at the east edge of Newstead’s Longland Street commercial precinct sold off-market this month to a local
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Bondi Beach apartment block sold
An Art Deco apartment block on an elevated site 300 metres to Bondi Beach sold permit-ready for an extension, including
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Asset managers trade near new Brisbane industrial investment
Fife Capital and QIC have sold a two year old industrial investment in Brisbane’s north Geebung. The 3.5 hectare asset, 405
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Interstate investor buys Canberra LFR complex
A large format retail complex with 150 car parks, in Canberra’s south east, settled to an interstate investor this month.
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Benetas buys Roxburgh Park aged care complex
Benetas has settled on the purchase of the Moran Roxburgh Park aged care facility. The 98 room, 132-bed complex, 3
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Interstate investor buys Bunnings pre-auction
A Perth investor has bought Horsham Bunnings following a pre-auction offer reflecting a six per cent passing yield. The 9592
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Aged care investment trades for $15m
An aged care facility in Gold Coast’s exclusive Ashmore traded at auction last week contested by three suitors. The $15
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Australian Unity sells Melbourne day hospital
Melbourne asset manager The Property Advisory has made its maiden healthcare investment. The Greensborough Medical Centre and Day Hospital cost
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GWS executive buys Double Bay apartments
Greater Western Sydney deputy chairman, Adrian Fonseca, has bought a 1970s block of flats to refurbish and eventually extend. The
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Near new medical centre collects $20m
A year old medical centre beside Blacktown Hospital and Sydney University School of Medicine sold on a sub five per
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Newcastle council buys another asset
The City of Newcastle has snapped up another investment, this time at Sandgate. Coincidentally, the local government owned the 8.64
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AsheMorgan flips industrial investment
AsheMorgan has sold one of three properties acquired as a portfolio early last year from CapitaLand. An occupier bought 77
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Trustee sells Surry Hills office, shop, car parks
Aspen Group paid $8.01 million at auction this week for a strata titled office and shop and a dozen car
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Medical centre beside hospital for sale, Melbourne
A sprawling medical centre sharing part of a roofline with Macquarie Health’s Melbourne Eastern Private Hospital, is for sale. Also
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Asset managers trade life sciences facility
Australian Unity has sold a Lower North Shore medical technology, logistics and life sciences facility after 12 years. The three
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Ex-Village Bardon site sold, leased
Pradella has sold a commercial asset until recently known as Village Bardon. The vacant property, 63-65 MacGregor Terrace, Bardon, will
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West Sydney office sells for $7m
An Auburn investment with six office suites over two shops sold for $7 million The result for 3-5 Station Road
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Dementia Australia, MS list major Melbourne sites
Two not for profits listed major Melbourne assets this week. In Hawthorn, Dementia Australia is offering three historic mansions covering
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Apartment owners unite, sell to developer
The owners of 45 apartments in three buildings in Sydney’s north west Macquarie Park have banded to sell to a
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Chemist Warehouse executives buy historic Adelaide building
Chemist Warehouse executives have snapped up another high profile property, this time in Adelaide’s Rundle Mall. Via the National Retail
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Government sells north west Sydney site
Sydney Metro has sold a development site beside Tallawong station. The government is banking a speculated $27 million from the
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Huntingwood warehouse trades at 3.4pc yield
A Huntingwood property purpose built for fiberglass manufacturer Colan Australia has sold to a private investor. The $14.71 million result
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Iconic Melbourne nightclub for sale again
Prahran’s historic ‘Revolver building’ is for sale again. Developed in 1914, part of Chapel Street’s Colosseum complex – the four
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NextGen sells enormous suburban ‘country club’
EXCLUSIVE NextGen has sold a sprawling suburban Melbourne ‘country club’ on its second attempt. The 1.1 hectare facility, part of
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Austrak expands Port Adelaide footprint…again
Austrak has bought another site to expand the Port Adelaide Business Park. The Melbourne developer and investor paid $8.03 million
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Victorian Mercure trades for $10m
Another modern Mercure has sold, this time at Warragul. The four level hotel, developed 10 years ago at 23 Mason
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Receiver lists near new Melbourne hotel
One of failed developer APH Holding’s highest profile investments has been listed for sale by receiver and manager, KordaMentha. The
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99 Bikes portfolio offered with a leaseback
Postscript: these properties sold for just over $17 million at auction. Seven more 99 Bikes stores are being offered with
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Kooyong Lawn Tennis Club buys Vision Australia HQ to expand
The Kooyong Lawn Tennis Club has quietly acquired the Vision Australia headquarters, across the road from its east boundary, with
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Servcorp leases penthouse Sydney office
Servcorp has leased the penthouse floor of Parkline Place – Midtown Sydney’s first office in nearly a decade. The co-work
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Dan Murphy’s sold with a leaseback
Endeavour Group has sold a five year old Dan Murphy’s with a leaseback. A Victorian private investor paid $9.4 million
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InterContinental Hotel site approved for redevelopment
The state government’s Sydney Eastern City Planning Panel has approved the redevelopment of Double Bay’s InterContinental Hotel site, at 33
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Quanta secures Warwick warehouse
Quanta has quietly bought a recently refurbished and let industrial investment in Warwick’s Morgan Park. The 2.17 hectare property, 56
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Redfern Hotel sold after refurbishment
Marty Short has sold the Redfern Hotel after nine years and a refurbishment. The publican’s Welcome Hospitality is banking more
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Peter Spargo lists final piece of mixed use project
Peter Spargo has listed the final piece of a mixed use commercial project in Melbourne’s north. Mickleham Medical, completed last
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Centennial doubles down in south Sydney
Centennial has picked up a 10.9 hectare Kurnell industrial investment – its second in south Sydney since April. The $65
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Noodle maker seals site for first Australian manufacturing plant
Brookfield Properties has announced another deal at what will be one of Cardinia’s biggest business parks, at Pakenham. Ballarat Food
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Growth corridor car yard, land fetches $20.4m
A major car yard and undeveloped tract at Vineyard, near the McGraths Hill border, has sold for $20.4 million. The
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Occupier drops $1.6m for showroom, office
A triple storey inner east Melbourne office/showroom has sold for $1.6 million. The Victoria Street, Abbotsford, property, was offered by
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Asset managers trade Melbourne office
AEW has sold its maiden Melbourne investment after six years. The Boston based asset manager is banking just over $170
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