Issue 42 | The Property Development Review

THE PROPERTY DEVELOPMENT REVIEW

CONTENTS

14 THE INTERVIEW Andrew Abercrombie Chair Humm Group

7 THE INTERVIEW Larry Kestleman Executive Group Chairman LK Group 6 THE INTERVIEW Arnold Vitocco Managing Director Vitocco Enterprises

15 FEATURED NEWS Opportunity to secure a new hotel in Sydney’s vibrant Sutherland Shire

8 EDITORIAL Sub $2million asset class activity has slowed inline with

16 MARKET MOVES

MARKET MOVES

interest rate movements

10 FEATURED NEWS Prized Inner Melbourne Landholding Set to Attract Developers and Land Bankers

20 UPCOMING COMMERCIAL AUCTIONS

Auction Hub

ADDRESS

AGENCY

PRICE

ASSE

76 QLD LISTINGS

52 VIC LISTINGS 50 VIC MARKET OVERVIEW 22 NSW MARKET OVERVIEW 24 NSW LISTINGS 74 QLD MARKET OVERVIEW

67 Davenport Street, SOUTHPORT, QLD, 4215

Ray White

$2,275,000

Office

325 Mundoolun Connection Road, BOYLAND, QLD, 4275

Ray White

$5,950,000

Farmi

119-121 Rusden Street, ARMIDALE, NSW, 2350

Burgess Rawson

$4,800,000

Office

94 SA MARKET OVERVIEW

208 Barkly Street ST KILDA, VIC, 3182

Gross Waddell ICR

$760,000

Retail

22 Rosenthal Avenue, LANE COVE, NSW, 2066

CI Australia

$4,600,000

Office

96 SA LISTINGS

4c McInnes Street, RIDLEYTON, SA, 5008

Ray White

$855,000

Indust

35 Production Avenue, MOLENDINAR, QLD, 4214

Harcourts Coastal

$1,838,000

Office

JLL 102 WA MARKET OVERVIEW 104 WA LISTINGS

68 Caloundra Road, CALOUNDRA WEST, QLD, 4551

Savills & Colliers

$2,520,000

Retail

21-27 Somerset Place, MELBOURNE CBD, VIC, 3000

$7,000,000

Office

532 City Road, SOUTH MELBOURNE, VIC, 3205

Allard Shelton

$1,400,000

Office

368 Merrylands Road, MERRYLANDS, NSW, 2160

Burgess Rawson

$7,100,000

Childc

1120-1124 Albany Highway, BENTLEY, WA, 6102

Burgess Rawson

$10,060,000

Retail

25 Goderich Street, INVERMAY, TAS, 7248

Burgess Rawson

$11,000,000

Retail

May / June 2023 – 5

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