SALES, TRANSACTIONS
Backpackers operator buys Flinders St building
THE Elephant Backpackers building at 250 Flinders St Melbourne has been snapped up by an owner-operator for an undisclosed price, but believed to be in excess of $6.6 million plus GST. ... Full story
Owner-operator locks up self storage deal
AN established self storage freehold property and business at Toowoomba in southern Queensland, has been sold under a mortgagees sale by agents Highway Frontage Self Storage Specialists. ... Full story
Brickworks pockets 62m from industrial site
BRICKWORKS has sold a 62 hectare logistics and industrial development site at Eastern Creek in Sydney for $62.6 million. ... Full story
LGS sells St Leonards office to Altis
THE Local Government Super has sold SKM House at St Leonards in Sydney's north shore to private equity group Altis Property Partners for $42 million. ... Full story
Preston servo sold for 2.6m
A FREESTANDING service station business and freehold at Preston in Melbourne's east has been sold for $2.6 million. ... Full story
Mt Waverley warehouse sold
AN OFFICE warehouse property at Mount Waverley in Melbourne's south-east has been sold by Crabtrees Real Estate for $1.26 million. ... Full story
Queen St commercial sales
AGENTS Kliger Wood has sold two investment properties in Queen St Melbourne, totalling $2.79 million. ... Full story
Cromwell cashes in Adelaide office for 43m
CROMWELL Property Group (ASX: CMW) has sold an office building, 101 Grenfell St in the Adelaide CBD for $43.1 million, the city's first major transaction for 2013. ... Full story
Melb student hostel sold
A MODERN student hostel leased to Unilodge in the Melbourne CBD has been sold to a private investor. ... Full story
Derrimut industrial fetches 4m
INDUSTRIAL property developer, Makland, has paid $4 million for a site at Derrimut in Melbourne’s west, in a deal negotiated by Savills Australia. ... Full story
Owner occupier buys Melb CBD strata
A STRATA titled office floor at 1 Elizabeth St in Melbourne's CBD has been sold to an owner occupier for $940,000. ... Full story
Starhill goes shopping in Perth again
SINGAPORE's publicly listed Starhill Global REIT has returned to Perth, acquiring the Plaza Arcade building for $48 million ($S61.92 million) from prominent local businessmen Con Berbatis and George Atzemis. ... Full story
Accor checks out of Sebel Mandurah
PERTH-based FJM Property has bought the Sebel Hotel in Mandurah from Accor Asia Pacific for approximately $15 million. ... Full story
Ormeau Junction sold on 11.51pc yield
A PRIVATE investor has bought a strip retail centre, Ormeau Junction, on the Gold Coast, for $2,745,069 on a passing yield of 11.51%. ... Full story
Sydney investor goes interstate
A SYDNEY-based private investor has bought KFC fast food restaurant at Tannun Sansd, a coastal town on the central east coast of Queensland for $1.35 million. ... Full story
JLL appoints new Vic MD
JONES Lang LaSalle has appointed David Bowden as the new...
All systems go for new Melb super city
MAB Corporation and Gibson Property Corporation's 900 hectares Merrifield master...
Savills appointments coup
SAVILLS has made three appointments to its Brisbane office leasing...
Cromwell cashing up to buy more
CROMWELL Property Group has launched a $250 million equity raising...
This publication is a member of the Australian Press Council.