THE PROPERTY DEVELOPMENT REVIEW
Brought to you by
QLD
VENDOR/ PURCHASER
DESCRIPTION
AGENCY
SALE $
CBRE's Michael Hedger, Joe Tynan and James Douglas in conjunction with JLL's Jacob Swan, Sam Hatcher and Ned McKendry CBRE's Michael Hedger, Joe Tynan and James Douglas in conjunction with JLL's Jacob Swan, Sam Hatcher and Ned McKendry
Woolworths offloaded a second shopping centre for the month, divesting its Dakabin Shopping Centre, in a deal that represented a yield of 5.55%.
V: Woolworths P: Private Investor
1 Alma Road, Dakabin
$40 million
In Woolworth's third shopping centre sale of the month, the company has offloaded its Bannockburn Village Shipping Centre.
V: Woolworths P: Brisbane-Based Investor
9 Bannockburn Road, Bannockburn
$26 million
Woolworths has continued its streak of selling shopping centres in this month, with the sale of their recently constructed 4,981 sqm Mountview store.
V: Woolworths P: Offshore Investor
CBRE's Michael Hedger, Joe Tynan and James Douglas
171-193 School Road, Redbank Plains
$35.2 million
Gina Rinehart has continued reshaping her agricultural portfolio, focusing on high-value Wagyu, and purchasing two prime cattle stations in Queensland and New South Wales, totalling over 18,000 hectares of land.
Various, Queensland & New South Wales
V: Packhorse Pastoral P: Gina Rinehart
$80 million
Direct
The 33,900-hectare Crystalbrook Station was sold with roughly 2,750 Brahman and Brahman-cross cattle.
V: Ghassan Aboud P: Local Family
Queensland Rural's Peter MacPherson and Troy Trevor
Crystalbrook
$14 million
Ghassan Aboud sold a second cattle asset, Silkwood Station, which holds a reputation as a 'drought-free' coastal fattening property, that came without any livestock.
V: Ghassan Aboud P: Local Family
Queensland Rural's Peter MacPherson and Troy Trevor
$7 million
Silkwood
After a sales campaign that generated over 100 enquires from local and east coast investors, a freehold office building sold to a local investor who plans to occupy part of the building.
CBRE's Mark Witheriff, Tania Moore, and John Nucifora
$5.65 million
10 Short Street, Southport
P: Local Investor
A local family has offloaded an 862 sqm retail centre on the Sunshine Coast after owning it for 15 years in an off-market deal.
Ray White Commercial Northern Corridor's Emily Pendleton
$4.35 million
128 Brisbane Road, Mooloolaba
V: Local Family
a 3,415 sqm industrial asset in Brisbane sold with a 5-year lease to Dutch painting company, Akzo Nobel, with the final sale price reflecting a 31% price premium from the initial 2015 purchase.
CG Property Group's Ben Clarke and Mark Gilbride
$12.75 million
373 Sherbrooke Rd, Willawong
V: Centuria
Cushman & Wakefield's Mike Walsh and Peter Court in conjunction with JLL's Simon Quinn and Thomas Thorsen
V: Centuria P: Properties & Pathways
$12.19 million
1 Wembley Rd, Logan Central
The Logan Central Medical Centre was sold with 10 single-level tenancies.
A fully-occupied three level office building in Brisbane’s inner city with future repositioning and development potential has sold following significant buyer interest during the sales campaign.
V: Properties & Pathways P: Local Private Investor
Knight Frank's Matt Barker, Blake Goddard and Christian Sandstrom
$9.725 million
123 Gotha Street, Fortitude Valley
June / July 2023 – 23
Powered by FlippingBook