MARKET MOVES NSW DESCRIPTION
VENDOR/ PURCHASER
AGENCY
SALE $
V: Coles Group P: Tony Tran
JLL's Nick Willis, Sam Hatcher, Sebastian Fahey and David Mahood
227 Railway Terrace, Schofields
Coles sold Schofields Village in Sydney's outer suburbs.
$53 million
A 39-place childcare asset located that came leased to one of Australia's largest childcare operators, Goodstart Early Learning, with the current lease expiring in 2041 sold as part of Burgess Rawsons Portfolio Auction 160.
V: Charter Hall P: Sydney Investor
Burgess Rawson's Yosh Mendis, Michael Vanstone and Natalie Couper $4.41 million
93 Cabramatta Road, Mosman
HTL Property's Daniel Dragicevich and Sam Handy, in conjunction with Highland Commercial Property's Andrew Highland and Luke Barbuto
V: Tony Denny P: Chris Ferros
50 Station Street, Engadine
The Engadine Tavern in Sydney's Sutherland Shire has been offloaded by Tony Denny.
$35 million
One of the largest rural properties in central NSW, the 3,817 sqm 'Checkers', has been sold by its 45-year owners, the Mathieu family.
V: The Mathieu Family P: Private NSW Farming Family
Circa $30 million
Inglis Rural Porpery's Sam Triggs, Jamie Inglis and Liam Griffiths
817 Baghdad Road, Cargo
CBRE's James Douglas, Joe Tynan and Michael Hedger in conjunction with Stonebridge's Alex James-Elliot, Justin Dowes and Phillip Gartland
A substantial 11,777 sqm neighbourhood shopping centre in Bathurst has been sold, reflecting a passing yield of 7.36%.
V: Quanta Investment Funds P: Mintus
39 William St, Bathurst
$17.5 million
Various, Hunter Valley & Blue Mountains
Australian-owned global fund management firm, Salter Brothers, purchased a collection of luxury hotels and estates in regional NSW.
V: Escarpment Group P: Salter Brothers
Undisclosed
Direct
248-250 Marrickville Road, Marrickville
A two-storey 575 sqm commercial building with a retail and office space sold on a short 42-day settlement in an off-market transaction.
V: Bragg Media P: Private Investor
Knight Frank's Demi Carigliano and Anthony Pirrottina
$8.05 million
V: The Fenely Family P: Local Syndicate (spearheaded by Nick Quinn)
Circa $30 million
After being owned and operated by the Feneley family for 36 years, the Bull and Bush Hotel has been sold.
HTL Property's Dan Dragicevich, Blake Edwards and Xavier Plunkett
37 Ferodale Rd, Medowie
Three South Sydney suburban care assets have changed hands in a portfolio sale; a two- storey home in Bexley, known as Griffin House, which was purpose-built to accommodate participants under the NDIS has sold, as well as a neighbouring three-level vacant purpose-built 111-bed aged care facility, and a vacant aged care asset.
V: Phil Carter and Daniel Walley of PwC as Receivers and Managers
Knight Frank's Mark Litwin and Anthony Pirrottina
$11.2 million
Various, NSW
After a sales campaign that saw over 120 enquiries, a piano company has snapped up a asset to open a major showroom.
$4.76 million
35-37 Parramatta Road, Clyde
P: Private Owner-Occupier
CBRE’s Robert Dowdy
A two-storey 153 sqm retail and commercial building in a very tightly held area in Sydney’s Paddington has sold with a strong result for the market, reflecting a record- breaking rate of $31,780/sqm
Knight Frank's James Masselos, Demi Carigliano and Anthony Pirrottina
V: The Ockenden Family P: Local Investor
$3.75 million
227 Glenmore Road, Paddington
Circa $20 million
The renowned Imperial Hotel in Erskineville, known as the birthplace of 'Priscilla, Queen of the Desert' has sold.
V: Fraser Short & Scott Leach P: Universal Hotels
35 Erskineville Road, Erskineville
JLL's Kate MacDonald
Knight Frank's Anthony Pirrottina, Demi Carigliano and Harrison Burcher
A 995 sqm development site with a DA approval for a three-storey boutique 12-apartment development with 846 sqm of gross floor area sold in a mortgagee sale.
$2.347 million
3 Lamond Drive, Turramurra
P: Lanevic Pty Ltd
Royal Hotel in Scone was sold with an approved development application allowing the construction of a new gaming lounge.
V: Kelly & Co Hotels P: Private Group
JLL's Greg Jeloudev and Kate MacDonald
Undisclosed
119 Kelly St, Scone
22 – June / July 2023
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