Issue 26 | The Property Development Review

Market Moves: Around the Country

NSW

DESCRIPTION

VENDOR / PURCHASER

AGENCY

SALE $

CBRE’s James Parry, Flint Davidson, Stuart McCann and Michael Andrews with Colliers’ Adam Woodward, James Mitchell and James Barber

Three interconnected buildings with a total NLA of 44,911sqm. There is also a café, a gym, some retail spaces, and more than 3,000 car parks 1.85-hectare high-density residential development site; 950 dwellings within towers of 10-30 storeys

Woolworths’ headquarters; 1 Woolworths Way, Bella Vista

V: Inmark Asset Management P: AIMS Financial Group

$450 million

4 land lots, Halifax Street, Macquarie Park

V: Landcom P: Landmark Group

Knight Frank’s Scott Timbrell

$135 million

V: Melbourne family with Steffan Ippolito and Joshua Watts P: Intera Group

A seven-storey, fully refurbished B-Grade office building

JLL’s Mitch Noonan and James Aroney

39-47 Regent Street, Chippendale

$68.5 million

7-storey building with 7,650sqm of office space, a 5.0-star NABERS Energy rating Comprises 23 commercial suites across 2 buildings with 423 car spaces, providing more than 18,000sqm of office space

9 Wentworth Street, Parramatta

P: City of Parramatta Council

$64 million

Ray White Commercial’s Peter Vines and Victor Sheu, with CBRE’s Nicholas Heaton, Toby Silk and Aaron Arias Colliers’ James Wilson and Alex James-Elliott

Glade View Business Park, 436-484 Victoria Road, Gladesville

V: Dexus P: Mintus

$55 million

P: Charter Hall Direct Long WALE Fund

Coles Five Dock

Stratum titled supermarket

$25.9 million

$14.75 million

7 Box Road, Taren Point

A two-level office, showroom and warehouse

V: Chemcorp

Colliers’s Trent Gallagher

Between Stott St & Walmsleys Rd, Bilambil Heights

16-hectare block with a permit for 100 lots

P: Clarence Property

$13.5 million

CBRE’s John Micallef, Raymond Ahsan, Lord Darkoh and Alex Mirzaian Savills Australia’s Nick Lower and Selin Ince

$12.25 million

1 Renshaw Street, Cranebrook

1.49 Ha development site

P: Isaac Property Developments

401-405 Princes Highway, Rockdale

DA Approval for 43 Apartments, two ground floor retail shops and three levels of parking

P: Local builder/developer

$8.5 million

Colliers’ Tom Appleby and Harry Bui

$7.645 million

539-541 Sydney Road, Seaforth A former CBA branch. Purchaser intends to covert the bank into a large format retailer.

12-14 Adderley Road, East Lidcombe

1,113sqm site, which includes a mezzanine office and showroom

CBRE’s Robert Dowdy and Raj Chaudhary

P: Triumph Furniture

$5.31 million

Ray White Commercial’s Kristian Morris and Lachlan Palm HTL Property’s Blake Edwards and Sam Handy, with Cabmon Commercial’s Peter Seeto

30-32 Parramatta Road, Summer Hill

Total site area 929sqm with a potential GFA of 1,858sqm and a 15-metre height limit

P: A local long term investor / developer

$3.55 million

Dry Dock Hotel, 22 Cameron Street, Balmain

Originally erected around 1857 on a 645sqm landholding

Undisclosed

P: Peninsula Hospitality Group

QLD

DESCRIPTION

VENDOR/PURCHASER

AGENCY

SALE $

One Australia’s best regionally located sub-regional shopping centre assets

V: Vicinity Centres / P: Fawkner Property

CBRE’s Simon Rooney and James Douglas

$162.5 million

Mount Pleasant Centre

17 Breene Place Morningside, 164 Riverside Place Morningside, 69 Alexandra Place Murarrie, and 60 Ron Boyle Crescent Carole Park. Oakwood Hotel and Apartment; 11-storey and contains 162 suites, a bistro, business centre, gym and pool

Portfolio of four Brisbane cold storage investments

CBRE’s Jack Pershouse and Ben Lyons

V: PTG Land

$51 million

15 Ivory Lane, Brisbane

P: Oscars Hotel Group

CBRE’s Wayne Bunz

$50 million

CBRE’s Michael Hedger and Joe Tynan CBRE’s Danny Betros, Michael Hedger & Joe Tynan CG Property’s Mark Gilbride and Michael Callow with CBRE’s Jack Pershouse and Peter Turnbull

Servico on Olsen, Southport

Fully leased, blue chip travel centre investment

P: Charter Hall

$21.5 million

Gordonvale Highway Service Centre (United Gordonvale)

A premium highway service centre investment near Cairns

P: APN Convenience Retail REIT (AQR)

$18.4 million

1.89-hectare property is comprised of a 9,704sqm office/warehouse, with car and truck parking

72 Formation Street, Wacol

P: Westbridge Funds Management

$16.1 million

A 13.5-hectare greenfield development site permit-ready for a 230-unit retirement village

P: Ingenia, in partnership with Sun Communities

Nambour

$15.5 million

I-Med Carina & Old Cleveland Road Clinic, Carina

CBRE’s Darren Collins

$12.5 million

A long-established medical centre asset

P: A private investor

Ray White Special Projects’ Mark Creevey, Tony Williams and Matthew Fritzsche CBRE’s Hugh Adnam and Dillon Murphy

40, 42 and 46 Fleming Road, Herston

Approval for 22 freehold terrace homes and 3 home sites

$8.2 million

P: Unison Projects

$4.03 million

21 Kingsbury Street, Brendale

A brand-new, fully-leased industrial property

P: A private investor

Sunshine Coast’s Loea Boutique Hotel

P: A Sydney-based hotel investment group

CBRE’s Hayley Manvell

~$4 million

Luxury boutique 10-room hotel

CBRE’s Hugh Adnam and Dillon Murphy

A freestanding 1,409sqm facility with high- clearance warehousing Prominent retail centre which comprises a complementary mix of nine national and local operators, with a WALE of 2.99 years A fully leased, freestanding, corner industrial complex

$3.2 million

18 Maxwell Street, Brendale

P: A Brisbane-based investor

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

$2.505 million

Sandalwood Shopping Village

Savills Australia’s Scott Gardiner and Will Carman

$1.885 million

1 Geoffrey Street, Caloundra West

P: A local investor

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