VIC Self Storage Portfolio
VENDOR/ PURCHASER
DESCRIPTION
AGENCY
SALE $
V: Fort Knox Self Storage P: Blackstone
11 Melbourne properties belonging to Fort Knox Self Storage
$400 million
JLL’s Tony Iuliano and Adrian Rowse
V: Flavorite Group : P: Centuria
Colliers’ James Beer, Duncan McCulloch and John Marasco
264-318 Copelands Road, Warragul
Oroperty producing hydroponic tomatoes sold with a 20 year leaseback
$177 million
Biggin & Scott Land’s Andrew Egan and Frank Nagle with CBRE’s Scott Callow and David Minty
Craigieburn’s Aitken Hill Conference Centre
The asset presents 6,000sqm of function space with a 124-room hotel, surrounded by sporting and leisure facilities
P: Ho Bee Land (HB Land)
$142 million
19,098sqm of commercial asset, with Woolworths, Kmart, Dan Murphy’s and ShowBiz Cinemas occupying the space along with 35 smaller specialty stores
V: Flavorite Group P: Centuria
The Delacombe Town Centre
$112 million
JLL’s Stuart Taylor and Sam Hatcher
Vinci Carbone’s Frank Vinci and Joseph Carbone " CBRE’s Tom Ryan and Scott Orchard" Leiba Commercial’s Marc Leiba and Jonathan Rosenthal
383 Whitehorse Road, Balwyn
Woolworths supermarket
P: ISPT
$45.7 million
V: TE Capital Partners P: ISPT
8 Lakeside Drive, Burwood East
Headquarters for Victoria’s Country Fire Authority (CFA), recently renewed on a new 10-year lease term
$35.8 million
Woolworths supermarket in Blackburn South
V: Kluger family / P: Westrent Properties’ Emmanuel Zahra
Freestanding building of 3,495sqm on a 7,298sqm landholding with 145 car parks
$29.3 million
V: A syndicate P: A private investor
689-699 Glenferrie Road, Hawthorn
Single storey Hawthorn building across a 1,451sqm site
Emmetts Real Estate’s Charles Emmett
$24.5 million
1.62-hectare property will give way to more than 300 dwellings in numerous six level structures. Construction is likely to only begin in 2025.
442 Auburn Road, Hawthorn
P: Hamton
$50 million
Colliers Sam Nathan
370 Albert Street, East Melbourne
$16 million
penthouse set to renew a prime heritage site in East Melbourne back to glory.
V: Orchard Piper
77 hotel rooms and 68 apartments. The scheme may be reviewed to include upper floor offices and a greater hospitality component. A two level commercial building at 333 Malvern Road has been sold with a competitively low yield of 2.43% and strong building rate of $11. 813/sqm.
JLL’s Josh Rutman, MingXuan Li, Peter Harper and Nick MacFie. Stonebridge Property Group agents Julian White, Chao Zhang and Corey James
$50 million
Melbourne CBD, Hotel Lindrum
V: Robert Magid
$17.5 million
333 Malvern Road , South Yarra
V: Hickory Group founder, Michael Argyrou
Half of The Victoria Automobile Chamber of Commerce’s 60 year old headquarters has been sold to it’s existing co-owner Wing Tai. The building sits on 4645sqm and has a permit to replace the existing eight storey office and add seven levels above.
$49.4 million
MELBOURNE ST. KILDA RD
P: Wing Tai
Stonebridge Property Group’s Justin Dowers and Kevin Tong with Fitzroys’ David Bourke, Chris James and Shawn Luo
ASX listed company Hansen Technologies has sold a freestanding Woolworths supermarket in Melbourne’s north-east for $35million on a yield of 3.3%. There were 15 offers received following an expressions of interest campaign, the final purchaser being private investor and Adelaide fund manager Parkstone.
$35 million
Eltham
P: Parkstone, V: Hansen Technologies
345-353 South Gippsland Hwy, Dandenong South QLD
Containing a 4967 sqm warehouse covering just 36pc of the 1.37ha block – the buyers intend to seek a permit to construct more product upon obtaining vacant possession.
$10.702 million
P: AFM and Cadence
VENDOR/ PURCHASER
DESCRIPTION
AGENCY
SALE $
The agreement will see Star lease back the hotel and car park for 30 years with two 15 year options. The casino will be taken up by Charter Hall 11.13-hectare property is expected to be renamed and is comprised of circa 50,000sqm of GFA with access to near 2,400 car parks
V: Star Entertainment Group P: Charter Hall
Treasury Casino
$248 million
V: Stockland P: Fawkner Property
Stockland Cairns
$146 million
CBRE’s Simon Rooney
Gold Coast’s Runaway Bay Centre
The 42,862sqm Runaway Back centre presents as one of the premier sub-regional shopping centres in SEQ
P: Greenpool Capital with Qualitas
$132 million
CBRE’s Simon Rooney
Savills Australia’s Peter Tyson and Stonebridge’s Phil Gartland and Justin Dowers V: CBRE’s Tom Phipps and Peter Chapple P: Knight Frank’s Justin Bond and Blake Goddard
V: Cook Property P: Bunnings Warehouse
Bunnings Warehouse, Hervey Bay
17,421sqm warehouse currently under construction. Sold with a 10-year net lease to Bunnings Group Limited
$58.6 million
V: Abacus Property Group P: PGIM Real Estate
444 Queen Street, Brisbane
22 storeys and offers 13,967sqmNLA with 72 car parking bays
$54.5 million
Mermaid Waters
Permit-ready retail component of The Lane
P: Sunland
$45.8 million
Kollosche Commercial
V: SEA Group in partnership with Don Fletcher P: Fiveight
Lizard Island leasehold
Off the coast north of Cooktown and holds a five-star resort, has been sub-let to Delaware North since 2009
$42 million
"$32.846 million "
Commercial portfolio of assets within Brisbane’s Skytower
Colliers’ Tom O’Driscoll, Tony Huan Wang and Nick Wedge JLL’s Nick Bandiera, Sam Byrne and Tim Jones Crew Commercial’s Clint Bott and Corbin Crain Savills Australia’s Michael Harcourt and Jon Tyson JLL Sam Hatcher led the off-market deal.
88-storey tower, located at 222 Margaret Street, was completed in 2019
V: a Victorian syndicate P: Charter Hall V: Cadence Property Group P: An owner occupier
A logistics investment in Brendale
4.844-hectare landholding with 84% occupied by shipping group Wallenius Wilhelmsen
$19.7 million
36-48 River Road, Redbank
8.625 Ha property comprises of 14,829sqm of existing buildings and has 6.1 Ha which is developable
$17 million
Rededge Shopping Centre Goodna
5,702sqm corner site featuring 8 specialty tenancies
$10.1 million
P: NATGEN Group
The Woolworths-anchored retail centre offers 7,100sqm of NLA and is leased by a Queensland government office plus 16 specialty shops and has 126 undercover car parking bays.
133 Oxley Station Road, Oxley
$47 million
V: Savills Investment Management.
$39.4 million
Biggera Waters
Metro Market Shopping Centre. The asset presents two-levels of mixed-use neighbourhood retail.
V: Argus Property Partners
Savills’ Jon Tyson
Located 22km south of the Brisbane CBD, Grand Plaza has a gross lettable area of 53,288sqm and is anchored by a highly productive triple supermarket.
undisclosed
Browns Plains
CBRE’s Simon Rooney managed the deal
Burgess Rawson’s 151st Live Portfolio Auction with agents Campbell Bowers and Andrew Havig. Burgess Rawson’s 151st Live Portfolio Auction with agents James Berlinger and Rick Jacobson
An entry level medical investment in the high growth area of Toowoomba has sold with a long term tenant in place who has already been there for over 15 years.
$1.21 million
Newtown
11 Riverview Terrace and 12 Foxton Street as well as 30, 40 and 44 Station Road INFOOROOPILLY
5385sqm of land. 80m to Indooroopilly Shopping Centre, 170m to the train station, has easy access to three major arterial roads and is only 7 kilometres west of Brisbane’s CBD.
$18.6 million
p: Keylin Group
$4.825 million
7-Eleven, Nambour
Eleven convenience outlet in one of Queensland’s fastest growing regions has sold with 12 year long term lease in place.
SA
VENDOR/ PURCHASER
DESCRIPTION
AGENCY
SALE $
V: Blackstone P: 50/50 partnership between Centuria and MA Financial
CBRE’s Ian Thomas, Alistair Laycock and Stuart McCann with JLL’s Roger Klem, Luke Billiau, Simon Storry and Kate Low
Adelaide’s Grenfell Centre (The Black Stump)
24,969sqm of GFA across 23 storey. The building was offered with a WALE of four years
$166.6 million
V: Genox P: Queensland Investment Corporation
Leedwell’s Steve Smith
60-70 Purling Avenue, Edinburgh
4.7 hectare property carries two years on a lease to Wine Storage & Logistic
$13.4 million
Sold with a 5.2% yield this 1750 sqm recently upgraded. The site is positioned in a prime retail precinct with a 5 year lease in place (plus options) and 3.5% rent increases, with tenant Maverick Campers.
Prospect
agents Knight Frank and Burgess Rawson.
$4.1 million
V: Harmony and Arc Equity Partners P: Brisbane fund manager Cromwell VENDOR/ PURCHASER
$81.35 million
Adelaide
The vendors, Harmony and Arc Equity Partners have more than doubled their money since acquiring it from Stockland for $34.5 in 2009.
ACT
DESCRIPTION
AGENCY
SALE $
24 Wormald Street, Symonston
4,720sqm of NLA and sits on a 5,186sqm landholding. It sold 18% above its book value and still holds six years remaining on the lease
V: Irongate Group / P: Charter Hall
$36 million
April / May 2022 – 7
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