Stockland spends $82m in Melbourne’s west
Stockland is paying $82 million for a low density housing site in Melbourne’s west Tarneit. The c85 hectare block at
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News
Geelong house, unit medians surging to $1m
The median price for Geelong houses and units has hit record levels according to latest Australian Bureau of Statistics figures.
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Offshore investors trade regional Bunnings
An offshore investor has paid $9.8 million for Bunnings Horsham. The property passed in on a $9.1m vendor bid when
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Haben, JY Group buy Casey Central
A joint venture comprising Haben Property Fund and JY Group is paying $225.018 million – a price reflecting a 5.38
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Luxcon picks up waterfront Port Melbourne block
Luxcon has purchased a waterfront site in Port Melbourne, staring down Station Pier. The deal with V-Leader, for 103 Beach
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Farm Pride Foods sells HQ
Farm Pride Foods has sold RF Corval its Keysborough headquarters, cold storage facility and distribution centre with a leaseback. The
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Cooee Hotel calls in $7.75m
St Georges Basin’s Cooee Hotel – the only pub servicing a catchment of 12,500 people – has sold for c$7.75
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Atlas, Elanor buy Hunter Valley Zoo
Elanor Wildlife Park Fund – which is co-held by Atlas Advisors Australia and Elanor Investors Group – has acquired Nulkaba’s
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South Haven divests Cheltenham office
South Haven Group has offloaded a Cheltenham office after 17 years. The three level, 4050 square metre building at 1279
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HomeCo spends $209.7m on healthcare investments
Home Consortium has purchased eight oncology clinics from GenesisCare and a five hectare block at Camden where it will develop
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Krost acquires West Melbourne showroom
Krost Furniture has paid $9.25 million for a high-profile West Melbourne showroom. In town, the office products supplier is presently
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Investor outbids developer for permit-ready Box Hill site
A Box Hill office offered permit-ready for a 30-storey mixed-use skyscraper has instead sold to an investor – for $17.158
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Siricco’s Bourke Street store for sale
The city’s Siricco House of Leather store – a block east of Bourke Street Mall – is for sale with
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O’Malley’s, The London sold
Publicans this week snapped up two inner city hotels in deals worth a total of c$19 million. In Woolloomooloo, Wayne
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Trio of regional pubs trade for c$24m
Eumundi Group Limited is paying $6 million for Murwillumbah’s Court House Hotel. On 898 square metres at 60 Murwillumbah Street,
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Ahmed Fahour sells Invergowrie
Three years after hitting the market, Hawthorn’s landmark Invergowrie has sold for a speculated $40.5 million. The buyer is Angela
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ISPT tries again to replace Kingswood Golf Club
ISPT is a step closer to replacing Dingley Village’s Kingswood Golf Club with a housing estate (artist’s impression, top) –
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Receiver sells troubled Torquay housing site
Forty two parties who signed contracts to buy land in the seventh stage of Torquay’s Surf View Estate are understood
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Investor splashes out c$9m in Hawthorn East
An investor has picked up a triple storey Hawthorn East showroom and office for an undisclosed price, speculated to be
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Primewest buys almond orchard from Harvard University
Primewest – which is newly merged with Centuria – has acquired a Riverina almond orchard to seed a fund. Moora,
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Oriental sells ex-Bayview on the Park
The former Bayview on the Park, opposite Albert Park Lake, is under offer. On a triple block spreading 6966 square
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Fortis drops another $12m in South Melbourne
Fortis has paid $12 million for another low-rise South Melbourne office with plans for a taller one. The deal for
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IIG offers Younghusband site
Impact Investment Group is offering Kensington’s Younghusband site after five years. The developer, backed by the Liberman family, paid EG
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Journey Beyond sells Eureka Skydeck
RF Corval has purchased Melbourne’s Eureka Skydeck. The c$60 million deal includes the level 88 tourist attraction and the full
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Abacus buys five more self storage investments
Abacus is spending $160 million on five more self storage investments. In metropolitan Sydney – the properties are managed by
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AU acquires Knoxfield aged care complex
Australian Unity Healthcare Trust has bought into a Knoxfield aged care complex. The unlisted fund will pay $10.75 million for
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Macquarie Park office/showroom collects $55m
RF Corval has sold a Macquarie Park office for $55 million. The deal, with Charter Hall for its Deep Value
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Merivale starts repositioning The Whale Inn
Merivale has begun repositioning Narooma’s The Whale Inn – starting with calling in French-Australian couple Julian May and Elsa Marie
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LOGOS calls in partners for $1.67b Moorebank deal
Six months after striking a $1.67 billion deal with Qube for the Moorebank Logistics Park (MLP), LOGOS has called in
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HomeCo picks up TownCentre Victoria Point
HomeCo has purchased TownCentre Victoria Point, south east of Brisbane, for $160 million. The deal reflects a fully let 4.75
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