Issue 29 | The Property Development Review

Market Moves: Around the Country

NATIONAL

DESCRIPTION

VENDOR / PURCHASER AGENCY

SALE $

Six last-mile logistics assets in Melbourne, Sydney and Brisbane

Logistics por t folio

P: Centuria Industrial REIT

$132.4 million

VIC

DESCRIPTION

VENDOR / PURCHASER AGENCY

SALE $

V: 50/50 SAS Trustee Corporation of NSW’s State Super and Brookfield’s Linx Cargo Care Group P: 49/51 Palisade Investment Partners and Spirit Super

The Port of Geelong is the second largest port in Victoria and sixth largest in the nation

Port of Geelong

$1.2 billion

Off-Market

RPM’s Christian Ranieri and Zaynoun Melham

1240 Mickleham Road, Greenvale 29.06 Ha landholding with potential to yield circa 400 housing lots

P: Jinding

$90 million

Well-presented, 11-storey building. WeWork, who occupied 10 storeys, broke its lease in late-2021

Colliers’ Daniel Wolman, Matt Stagg, Oliver Hay and Leon Ma

V: Impact Investment Group P: Yong Quek

401 Collins Street, Melbourne

$70 million

CBRE’s Kiran Pillai, Scott McGlone and Hugh Thomson with Cushman & Wakefield’s Leigh Melbourne, Nick Rathgeber, Mark Hanson and Josh Cullen CBRE’s Chris O’Brien, Ben Hegerty and Andrew Bell Core Projects’ Kane Malcomson, Chris Jabs and Trent Malcomson Colliers’ Peter Bremner, Rachael Clohesy and Alex Browne, in conjunction with Teska Carson’s Adrian Boutsakis and Luke Bisset

V: Terraplex P: Rathdrum Properties

570 St Kilda Road, Melbourne

An eight storey investment

$67.6 million

Shepparton food processing plant and distribution centre

V: SPC P: Charter Hall

$66 million (off-market)

30-year leaseback

PSP approved 28.17 Ha residential development site

65 Bodycoats Road, Wollert

P: Jinding

$43 million

V: Roche Holdings P: Rathdrum

2-6 Gwynne Street, Cremorne

A recently completed seven level office

$41.5 million

Iconic 8,270sqm riverside property the Maribyrnong’s Anglers Tavern

V: The Scerri family P: EG

2 Raleigh Road, Maribyrnong

$23.33 million

38-40 & 42-54 Burnt Street, Nunawading

two titles with the 50 x 60’s / 70’s units and flats returning $525,000 pa

CVA’s Ian Angelico, Daniel Philip and Stan Dawidowski Colliers’ Ted Dwyer, Raphael Favas and George Davies with Knight Frank’s Matthew Romanin and Nick Bissett

$13.8 million

Two strata offices within the Yarraberg Workspaces complex

43-57 Blazey Street, Richmond

V: MAB Corporation

$13.2 million

$12 million (off-market)

V: George Petsinis P: Ozzie Kheir of ResiMax V: A private family P: A Melbourne based investor

Bracken Hall Commercial’s Ed Wright

127-179 Balmer Grange, Brookfield 12.8 Ha of Urban Growth Zone land.

2.46 Ha of land set for residential subdivision of approximately 35- 40 lots

$8.5 million

CVA’s Daniel Philip

353-355 Centre Road, Berwick

Teska Carson’s Reece Israel and Michael Ludski

$2.645 million

555B Chapel Street, South Yarra

A boutique retail/office space

P: A local investor

$2.3 million (off-market)

An industrial facility within the popular ‘Merrindale Estate

2 Sigma Drive, Croydon South

P: An owner-occupier

CVA’s Stan Dawidowski and Ian Angelico

SA

DESCRIPTION

VENDOR / PURCHASER AGENCY

SALE $

William Grenfell Centre; the 12-storey, 8,373sqm asset is set to undergo a $30 million refurbishment

V: Southern Cross Equity Group / P: Pelligra

Knight Frank’s Oliver Totani and Guy Bennett with Savills’ Rino Carpinelli and Ryan Mills

80 King William Street, Adelaide

$25.5 million

WA

DESCRIPTION

VENDOR / PURCHASER AGENCY

SALE $

Healthcare asset sold with a new 10-year lease to a new tenant

V: A private investor P: Barwon Investment Partners

114 Spencer Street, Bunbury

$4.1 million

Ray White Commercial’s Brett Wilkins

Ray White Commercial’s Chris Matthews and Martin Vogt

71 Division Street, Welshpool

A functional warehouse and office facility

$3.15 million

ACT

DESCRIPTION

VENDOR / PURCHASER AGENCY

SALE $

A multi-faceted essential services investment; petrol station, childcare centre, gym, Hungry Jack’s restaurant and a showroom

P: A local high-net-worth investor

60 Jenke Circuit, Kambah

JLL’s Dylan McEvoy and Gordon McFadyen $18.1 million

TAS

DESCRIPTION

VENDOR / PURCHASER AGENCY

SALE $

Parliament Square mixed-use development in Hobar t

Landmark Salamanca Place project features a FJMT-designed office component of 17,300sqm

V: Trawalla Group P: Spirit Super

CBRE’s Mark Granter, Kiran Pillai and Michael Simpson

$330 million

NT

DESCRIPTION

VENDOR / PURCHASER AGENCY

SALE $

The asset includes two freestanding cold storage facilities with WALE by income of 3.41 years

A fully-leased cold storage facility at the Wishar t industrial precinct

P: Sentinel Property Group

$7.4 million

Commercial Adelaide's Matthew Trim

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