Postal distribution centre a secure investment opportunity
An Australia Post distribution centre in Derwent Park is set to be sold under the hammer in early December.
Source: realcommercial.com.au
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Fast food outlets, petrol stations attractive investments as rates rise
A range of private, wholesale and listed capital sources are looking to invest into the fast food and fuel sector.
Source: theage.com.au
Convenience retail demand pushes cap rates down - even as rates rise
A market dominated by institutional investors - and which saw a $1.15bn transaction this month - is drawing in small investors.
Source: afr.com
Strata shop sells $60,000 above reserve
Strata shop sells $60,000 above reserve Weâre sorry, this service is currently unavailable. Please try again later. Dismiss Save Normal text size Carnegie An investor paid $60,000 above reserve to outbid several rivals for control of a strata-titled shop in Jonathan Hallinanâs development at 274 A, B, & C in Neerim Road. The property was knocked down for nearly $2.56 million, or $6642 per sq m, Teska Carsonâs George Takis said. The result reflects a strengthening market for strip retail despite COVID-related issues, he said. Sold with vacant possession, the 392 sq m ground-fl...
Source: smh.com.au