retail property sales

Council goes shopping at Rosebud

THE Mornington Peninsula Shire Council has splashed $5.1 million for the Rosebud Central shopping centre in an off market deal negotiated by Fitzroys. ... Full story

Bentleigh shop sale sets new record

A RETAIL property in Centre Rd Bentleigh in Melbourne's south-east has sold for $5.505 million by agents Fitzroys, setting a new record for an individual transaction for the retail strip. ... Full story

Investors target Prahran retail

LOWER interest rates are encouraging investors to go shopping for retail properties in Prahran. ... Full story

Prime Surfers Paradise retail fetches 7m

A RETAIL building along Surfers Paradise's tightly held Cavill Avenue has sold for approximately $7 million, the first freehold transaction in the precinct in three years. ... Full story

Reflection T2 sale mirrors success of T1

THE second tranche of retail space within the Reflection on the Sea Tower 2 development at Coolangatta on the southern Gold Coast has sold in a single deal, negotiated by Colliers International. ... Full story

Prahran restaurant sold privately

A RETAIL investment in Melbourne's inner suburb of Prahran has sold privately for $850,000. ... Full story

Not much fat in Butcher shop sale

A FREEHOLD retail property at Lygon St Carlton, leased to a butcher, has sold for $2.89 million on a lean yield of 2.31%. ... Full story

Regional shop sells for 10.68pc yield

A SYDNEY-based private investor has bought the South Grafton neighbourhood in the regional New South Wales for $5.8 million, on an initial yield of 10.68%. ... Full story

FKP sells stake in Homemaker Centre

FKP has sold its 50% interest in the Homemaker Centre at Brown Plains in Logan City, Queensland for $15 million, as part of its ongoing strategy to divest non-core assets. ... Full story

AMP and Westfield play monopoly

AMP Capital, Westfield Group and Westfield Retail Trust have traded interests in $1.75 billion worth of key assets and said the deal is proof that capital is available for the right investment opportunities. ... Full story

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