THE PROPERTY DEVELOPMENT REVIEW
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QLD 5449 Gregory Hwy, Emerald
VENDOR/ PURCHASER
DESCRIPTION
AGENCY
SALE $
Argyle Capital Partners has purchase of one of the largest table grape and lychee farms in the country, Evergreen Farms.
V: Darwin King P: Argyle Capital Partners
LAWD's Danny Thomas and Simon Cudmore.
$70 million
8-24 Browns Plains Rd, Browns Plains Horwell Property Investments, a family development group, has acquired the Westpoint Shopping Centre in Browns Plains
P: Horwell Property Investments" V: Stockland P: Fawkner Property
CBRE's Joe Tynan and Michael Hedger $46.5 million
Dawson Hwy &, Philip St, West Gladstone
Stockland has sold their 110,000 sqm Stockland Gladstone asset to Fawkner Property.
JLL's Nick Willis and Sam Hatcher
$139 million
878 Ruthven St, Toowoomba
The development arm of Coles, Coles Group Property Developments, has sold its own supermarket and Liquorland in Toowoomba.
V: Coles P: Private Victorian Investor
$27.4 million
Colliers' agents James Wilson, Stewart Gilchrist and Dan Dwan
112 Cullen Avenue, Eagle Farm
Altis Property Partners has purchased a multi-tenanted industrial complex in Brisbane's inner northern suburb of Eagle Farm. Independent property management firm, Centennial, has acquired a Pinkenba industrial site on the Australian Trade Coast
P: Altis Property Partners
Direct
$32.25 million
680 MacArthur Avenue, Pinkenba
P: Centennial
Colliers' agents Anthony White and Jared Conway
$15.6 million
144 Wickham Street, Fortitude Valley The historic and infamous Les Bubbles building in the heart of Fortitude Valley’s retail and entertainment precinct in Brisbane has sold to a local investor
Knight Frank's Christian Sandstrom
$1.85 million
V: Shaun & Sam Juniper P: Local Investor
$29 million
Cape York Peninsula
Sydney-based carbon farming pioneer Corporate Carbon has expanded its sustainable agriculture portfolio with the purchase of Holroyd Aggregation in far north Queensland.
V: The Byrnes Family P: Paniri Agriculture Co.
Direct
$5.52 million
5 Newheath Drive, Arundel
A fully leased 3,183 sqm industrial building at 5 Newheath Drive was sold via auction by Ray White Commercial Gold Coast agent Michael Willems.
P: Sydney-based Developer
Ray White Commercial Gold Coast's Michael Willems
TAS
VENDOR/ PURCHASER
DESCRIPTION
AGENCY
SALE $
7 George Town Rd, Launceston
A United Petroleum service station with a 20-year triple net lease to 2036, has been purchased by a private investor.
Knight Frank's Nicholas Bond, in conjunction with Matthew Wright, Rick Jacobson and Jamie Perlinger of Burgess Rawson Knight Frank's Nicholas Bond, in conjunction with Matthew Wright, Rick Jacobson and Jamie Perlinger of Burgess Rawson
$4.925 million
P: Private Investor
$3.975 million
89 Best St, Devonport
In a second service station deal from Tasmania, another United Petroleum outlet was purchased by a separate private investor.
P: Private Investor
ACT
VENDOR/ PURCHASER
DESCRIPTION
AGENCY
SALE $
21 Genge St, Canberra
V: Real I.S P: Charter Hall
Cushman & Wakefield's Nick Rathgeber, Josh Cullen, Leigh Melbourne and Mark Hansen, in
Charter Hall has purchased a central Canberra office building from Real I.S
$290 million
conjunction with Knight Frank's Ben Schubert, Sean North, Justin Bond and Neil Brooks Savills' agents Max Cooper and Nick Lower
21 Binara St, Canberra
Aquis Entertainment has sold the Canberra Casino in an off-market deal.
V: Aquis Entertainment P: Iris Capital
$63 million
$15.7 million
4-6 Mceacharn Place, Mitchell
A 2,800 sqm warehouse in the north Canberran suburb of Mitchell has sold to a national storage company.
P: National Storage Company Ray White Commercial Canberra's Frank Giorgi and Mark Thompson
WA 42-44 Camberwell St, East Victoria Park
VENDOR/ PURCHASER
DESCRIPTION
AGENCY
SALE $
A childcare centre in Perth has sold to insurance firm Australian Unity, reflecting one of the largest recent Childcare asset sales in Western Australia.
$7.071 million
V: Floreat Beach P: Australian Unity
LJ Hooker Commercial's Jake Wallman
March / April 2023 – 17
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