retail property sales
Centro trifecta sale smashes post-GFC record
PERTH-based Perron Group has splashed $690.4 million to buy into three prized shopping centres from Centro Retail Australia. The transaction negotiated by Jones Lang LaSalle is the largest agency deal made of any asset class in Australia post the GFC. ... Full story
Brisbane investor takes a dip in Spring Lake
A BRISBANE-based private investor has paid $16.5 million for the Spring Lake Metro retail and commercial complex at Springfield Lakes, 29kms west of Brisbane in a deal negotiated by Savills. ... Full story
Private investor snaps up Flinders St shop
A PRIVATE investor has bought a ground floor shop at 565 Flinders St in the Melbourne CBD for $701,000 on 5.85% yield. ... Full story
Corner CBD building sold on 8% plus yield
A PROMINENT building on the corner of Spencer and Flinders Street in the Melbourne CBD has been sold by agents Kliger Wood for $10.75 million on a yield of just over 8%. ... Full story
Investor snaps up St Kilda building
A PROMINENT corner building at 344-350 St Kilda Rd, St Kilda has been sold by Fitzroys for $2.7 million on a 4.2% yield. ... Full story
Local investor buys Bulleen shop
A LOCAL private investor has paid $$680,200 for a retail property at Bulleen, 10kms north-east of the Melbourne CBD, reflecting an indicative yield of 5.9%. ... Full story
Mt Eliza shop sold above reserve
A RETAIL property at Mt Eliza in Victoria's Mornington Peninsula has sold at auction significantly above the reserve price by agents Nichols Crowder Property Solutions. ... Full story
Puckle St shop sold on 4.5% yield
A RETAIL property in one of Melbourne's busiest shopping strips has sold for $2.175 million on a yield of 4.5% by agents Gross Waddell. ... Full story
Vacant Bourke St building sold for $5m
A VACANT freestanding property at 73-77 Bourke St in the Melbourne CBD has been purchased by an offshore Asian investor for $5 million. ... Full story
Triple sales for Fitzroys
REAL estate agency Fitzroys has sold three properties, including a major retail freehold at 235-237 Elizabeth St in the Melbourne CBD to a mainland Chinese-based investor. ... Full story
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