Deals of the week – 04 JUNE 2018


Deals of the week – 04 JUNE 2018

New South Wales

Search for more development sites in New South Wales here.

SOUTH WINDSOR
A 4,587sqm development site in Sydney’s far north-west has been traded from Peter Antunac to a private developer for $3 million.

The site retains DA approval for eight units and a ground floor retail space.

Bawdens Industrial's Hayden Arapa brokered the deal.

BANKSTOWN
Another DA approved site in Bankstown has sold for $3.625 million to Moderndale Pty Ltd. The site has approval for 26 (4 x 1-Bed, 20 x 2-Bed, 2 x 3-Bed) apartments and is situated in close proximity to the Bankstown train station.

Matrix Property Group's Andrew Antonas, John Chancellor and Bill Kalimnios sold the site on behalf of a private family seller.
 

 

Queensland

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MEADOWBROOK
Two adjoining plots of land in Meadowbrook have recently sold for just under $2.642 million. The combined 1.93 hectare greenfield is zoned for industrial use and is situated close to public transport, main freeways and the Griffith University, Logan Campus.

Levi Maxwell of Colliers International handled the sale.

RACEVIEW
A flood free, 1,783sqm industrial zoned block just outside of Ipswich has sold for $220,000.

The vacant lot has a new medical centre under construction next door and is only five-minutes from the centre of Ipswich.

Morrie Marsden of Ray White Commercial handled the sale.


 

Victoria

Search for more development sites in Victoria here.

BRIGHTON
A local Melbourne investor has secured two leased strata-titled shops on Bay St in Brighton. The 130sqm properties have parking and were sold subject to three-and-four-year rental increases.

Teska Carson's George Takis and Luke Bisset brokered the $1.1 million sale.

CAMPBELLFIELD
Genesis Developments recently purchased a 1.86 hectare development site in Campbellfield for $4.2 million.

While the site is currently zoned for industrial use, Genesis plan to build an apartment complex on site.

JLL's Mario Moscan and Anthony Cannizzaro handled the sale.  

BERWICK
A mixed-use development potential site in Berwick has sold for $3.23 million.

Peter Watson and Ross Neilson handled the sale, promoting the demand for new retail/office spaces in the location.

Nine residential flats are situated on-site and are subject to short term leases.


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