MARKET MOVES
NSW
VENDOR/ PURCHASER
DESCRIPTION
AGENCY
SALE $
Welbon station, a 4,784-hectare sheep farm in Northern NSW, has been offloaded by the Carrigans after owning it for 100 years.
V: The Carrigan Family P: Andrew Yates
Ray White Rural Moree's Ed Wisemantel
Moree
$33 million
The Commodore Hotel, which houses an indoor bar, a large outdoor terrace, a restaurant and a gaming house, as well as DA-approved plans for a new gaming room, has been offloaded by John Azar's Good Beer Company,
V: Good Beer Company P: Glenn Piper
JLL's Ben Mcdonald, Kate MacDonald and John Musca
Circa $29 million
206 Blues Point Rd, McMahons Point
Ray White Commercial Sydney City's Samuel Hadgelias, Leslie Li and Baxter van Heyst Knight Frank's Jonathan Vaughan and Tim Holtsbaum in conjunction with Karbon Property's Josh Watts and James McCourt
After coming on the market for the first time in 50 years, a childcare centre in Rosebury has sold to a local childcare operator.
24-36 Dalmeny Avenue, Rosebery
P: Local Childcare Operator
Circa $5 million
Known as The Belltower, the 1,148 sqm building recently benefitted from an extensive refurbishment, and was sold reflecting a 14% premium above its December 2022 valuation.
V: Centuria P: Private Investor
6 Cornwallis Street, South Everleigh
$18.25 million
Rupert Murdoch purchased a 758 hectare rural property in Boambolo, next to his property Cavan Station in rural NSW.
Boambolo
P: Rupert Murdoch
LAWD's Col Medway
$15.5 million
After a sales campaign that generated over 160 enquiries and more than 10 bidders, a group of four restaurants in Sydney's southwest has sold under the hammer.
Burgess Rawson's Kieran Bourke, Rhys Parker and Darren Beehag
$9.15 million
1 & 2/4 Rennie Road, Campbelltown
P: Private Investor
The Naomi Hotel in Narrabri has sold in an off-market deal, after the owners of two years decided to offload the asset.
V: Tim Ireson, Ben Cochrane and Partners
HTL Property's Blake Edwards and Xavier Plunkett
$8.5 million
49 Maitland St, Narrabri
An owner-occupier specialising in powder coating and fabrication has purchased an industrial warehouse in Smithfield to relocate its current operations.
$3.95 million
8 Sammut Street, Smithfield
Direct
CBRE’s Janet Joljian
Knight Frank's James Masselos, Anthony Pirrottina and Demi Carigliano
a vacant and recently refurbished 257 sqm two-storey mixed-use building on a 123 sqm site has sold
V: The Balafas Family P: Pepe Capital Manageme
$3.1 million
218 Coogee Bay Road, Coogee
A residential development being undertaken in the New South Wales Southern Highlands has been sold for a record price in the area.
V: Reform P: Saf Developments
Knight Frank's Nathan Berlyn and Luke Hayes
$9 million
18 Kangaloon Road, Bowral
V: Coles Group P: Tony Tran
JLL's Nick Willis, Sam Hatcher, Sebastian Fahey and David Mahood
$53 million
227 Railway Terrace, Schofields
Coles sold its 5,743 sqm Schofields Village shopping centre in Sydney's outer suburbs.
Burgess Rawson's Yosh Mendis, Michael Vanstone and Natalie Couper
A 39-place childcare asset which came leased to one of Australia's largest childcare operators, Goodstart Early Learning, with the current lease expiring in 2041 sold.
V: Charter Hall P: Sydney-based Investor
$4.41 million
93 Cabramatta Road, Mosman
16 – May / June 2023
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