Issue 27 | The Property Development Review

Market Moves: Around the Country

NATIONAL

DESCRIPTION

VENDOR / PURCHASER

AGENCY

SALE $

NSW; 42,500sqm logistics facility in Kemps Creek. VIC; 30,000sqm warehouse in Truganina. WA; Perth’s Jandakot Airport, 49 leased warehouses and 80 Ha of undeveloped land. Two NSW assets; Fairfield East & Wetherill Park. One WA asset; Welshpool. Two QLD assets; Banyo & Darra. Three VIC assets; Port Melbourne, Derrimut, and Hallam. QLD’s Weststate Private Hospital in Townsville. WA’s ‘Perth Clinic’. VIC’s Sunbury Medical Centre and a mental health outpatient centre in Frankston. NSW’s MetroRehab Hospital in Petersham plus two dementia care units in Sydney’s Castle Hill. 12 premium childcare centres located in Victoria and Western Australia developed by Allaf Property. VIC; Sunbury Ford dealership, a Cheltenham property, plus United service stations in Somerville and Lilydale. SA; Seaton convenience retail investment. NSW; an Albury medical centre. Two convenience retail investments in Riverview (Brisbane, QLD) and Dubbo (NSW)

A suite of investment assets

P: Dexus and APN Industria REIT

$1.5 billion

Industrial asset portfolio

P: Centuria

$351.5 million

Healthcare portfolio

P: Centuria

$167 million

P: Home Consortium’s ASX listed HealthCo Healthcare & Wellness REIT

CBRE, Burgess Rawson and Savills

Childcare Portfolio

$98 million

Six Commercial Assets

Burgess Rawson

$30.35 million

Convenience Retail

P: APN Funds Management

$24.4 million

QLD

DESCRIPTION

VENDOR/PURCHASER

AGENCY

SALE $

V: Lendlease managed Australian Prime Property Fund Retail / P: Vicinity Centres

CBRE's Simon Rooney and Sam McVay with McVay Real Estate's Dan McVay

50% interest in Harbour Town Gold Coast

A premium direct factory outlet with a total GLA of approximately 55,000 sqm

$358 million

50% stake in the Gold Coast’s Runaway Bay Shopping Centre

P: Greenpool Capital in partnership with Qualitas

42,862sqm sub regional centre

CBRE’s Simon Rooney

$128 million

Two floors; tenanted by Good Life Health Club gym, a GP clinic, serviced offices and a Bank of Queensland Citiswich Business Park at Bundamba; a 2-Ha tract in Yatala; and finally 3.1 Ha site with a warehouse and hardstand facility leased to Besix Watpac in Hemmant 2,433sqm landholding with 4 storey office building - suiting redevelopment with a 30-storey height limit (STCA) Open format neighbourhood shopping centre anchored by a 2,754sqm Woolworths and 7 specialty shops, with a total GFA of 3,354sqm Australia Post site secured by a long 10-year lease. BWS site secured on a five-year lease. Ribs & Rumps investment.

Highpoint Wellness Hub in Brisbane’s Ashgrove

V: Aviator Capital / P: Elanor Investors Group

JLL’s Elliott O’Shea and Seb Turnbull

$51.9 million

Three Brisbane industrial sites

P: Arrow Capital Partners

$50 million

Colliers’ agents Adam Rubie, Brendan Hogan and Hunter Higgins

V: Land & Homes group / P: A private local owner occupier

203-207 Wharf Street, Spring Hill

$19.5 million

Sarina Village Shopping Centre

P: MPG Funds Management

Savills Australia’s Peter Tyson

$13 million

P: Separate private investors from Sydney and Melbourne

CBRE’s Josh Scapolan and Sebastian Fahey

55 Railway Terrace, Milton

$10.12 million

Ray White Commercial’s Lachlan O’Keeffe and Michael Feltoe

Freestanding IGA supermarket was underpinned by a brand new 15-year lease

$6.9 million

Tugun Beach IGA

Two-level hotel complex featuring a main bar, sports and Keno bar and gaming room together with a drive-through BWS bottle shop

Savills Australia’s Leon Alaban and Michael Harcourt

ALH Group-leased Imperial Hotel located in Beenleigh

$6.618 million

P: Charter Hall

Ray White’s Harry Egan and James Balfour Ray White Special Projects’ Matthew Fritzsche and Andrew Burke

$3.7 million

142 Mica Street, Carole Park

Fully leased to PR Polymers

Development approved for a four-lot subdivision with freehold title houses

$2.41 million

50 Bess Street, Windsor

Lot 7 in the ‘Regatta Lake’ development at 4-6 Innovation Parkway, Birtinya

Savills Australia’s Jason O’Meara

A full-floor commercial office strata in the Kawana Business Village

$1.9 million

P: Campbell Construction

WA

DESCRIPTION

VENDOR / PURCHASER

AGENCY

SALE $

V: Buckeridge Group of Companies / P: Aspen Capital

Per th

17 apartment blocks; 514 dwellings

$52 million

The buyers intend to use the site to build a complex providing primary healthcare services for the local community

V: City of Canning / P: Local not-for- profit organisation

Ray White Commercial’s Enrique Reyes and Chris Matthews

1136 Albany Highway, Bentley

$2.7 million

Two back-to-back proper ties in Bibra Lakes’ premium industrial precinct

Ray White Commercial’s Enrique Reyes

$1.95 million & $1.85 million

46 Discovery Way & 36 Sustainable Avenue

P: Sold to two separate buyers

ACT

DESCRIPTION

VENDOR / PURCHASER

AGENCY

SALE $

12-storey, 40,201sqm tower on a 1.2 acre landholding sold fully leased to Department of Employment and Education and Australian Electoral Commission

V: Mirae Asset Global Investments / P: Partnership between Charter Hall and GIC

50 Marcus Clarke Street, Canberra

CBRE’s Michael Andrews and Nic Purdue

$300 million

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