Archive for the ‘Commercial’ Category

Brunswick Bunnings and Australia Post site sold in just 4 days

An interstate investor has bought 409-419 Sydney Road Brunswick tenanted by Bunnings and Australia Post on a yield of 2.86%.

The successful sale of this 3,700sqm strategic landholding situated in the heart of Brunswick was a record low yield for the sale of … Read the full post »

George Saade lists five shops built into Prahran’s former Station Hotel

Private investor George Saade has listed five shops built into the ground floor of Prahran’s former Station Hotel.

Returning total annual rent of $442,769, the portfolio, branded The Greville Street Collection, is expected to sell for about $8 million.

Individually, the retail investments at 92-106 Greville Street carry price guides of between … Read the full post »

Do you know the Sales Cycle in Your Area?

When you are a property owner or investor looking to sell
your property in Melbourne it is wise to understand the different cycles of
property sales as they happen in your local area and with your property type.

For
example, in any given year there are times where it is quite predictable as to
the levels of sale success and sale enquiry.  It has a lot to do with:… Read the full post »

8 Things to Consider in Commercial Property Buying

When you are ready to buy a commercial property in Melbourne, there are things to look for and investigate. As an informed person, you can watch for the ideal property and market conditions to suit your budget. They say that ‘timing is critical’ with some property purchases, and that would be true … Read the full post »

Tips for Protecting Your Rental Cash Flow

In commercial and retail property performance, your rental
is foundational to the results that you seek for the investment.  The rent must be protected from volatility
and risk.  That’s where professional
property management and leasing skills have a role to play.  When you purchase a new investment property
in Melbourne, the other disciplines control things for you and … Read the full post »

Eaglemont site fetches $12.82 million from developer

A developer is planning a mixed use project with apartments and a child care centre, after paying $12.82 million for the L-shaped Eaglemont parcel.

A developer is paying $12.82 million for an Eaglemont block at the busy south west corner of Banksia Street and Lower Heidelberg Road, opposite a Woolworths supermarket…. Read the full post »

Block zoned for mid-rise tower listed in Brunswick East

A development site with the potential to make way for one of the tallest buildings in trendy Brunswick East is for sale.

The low-rise warehouse at 298 Lygon Street is one property holding away from The Mason, an 11-storey residential and serviced apartment complex.The Mason is replacing former warehouse which sold in 2013. Zoned Commercial 1, and with rear laneway … Read the full post »

Aged care provider pays $8.2 million for former Calder Rise Primary School

A local aged care provider is paying $8.2 million for a former primary school in Melbourne’s north-west.

The two hectare block at 32A Green Gully Road, Keilor, was contested by four bidders at auction yesterday.

The state government’s Department of Treasury and Finance listed the cleared Calder Rise Primary School … Read the full post »

Chinese investor buys Moonee Ponds’ Phillips Arcade for c$12 million

A Moonee Ponds shopping centre on nearly half an acre of land has been snapped up by a Chinese investor the day before a scheduled auction.

Private investor George Saade listed Phillips Arcade at 31-43 Puckle Street, last month.

It was set to be auctioned today.

The double-storey complex contains 1388 square metres of area, configured with 14 ground floor shops and a large upstairs office.

Phillips Arcade occupies an 1887 … Read the full post »

Victorian government lists former Calder Rise Primary School

Victoria’s Department of Treasury and Finance is offering another site, this time in Keilor, in Melbourne’s north-west.

The former Calder Rise Primary School, covering two hectares, is expected to sell to a residential developer for more than $8 million, sources speculate.

About 18 kilometres from the city, 32A Green Gully Road, on the north-east corner of Solomon Drive, is … Read the full post »

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