Deals of the week – 18 JUNE 2018

June 2018
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Deals of the week – 18 JUNE 2018

New South Wales

Search for more development sites in New South Wales here.

A two-level property on Marrickville road in Marrickville has been sold to a local developer for $2.32 million.

The 215sqm site offers a retail space on the bottom level with a first-floor residential redevelopment available too.

Raine & Horne's Nicholas Smith sold the site on behalf of a private seller.

A 1.72Ha site at 93a Holdsworth Drive, in Narellan Vale, has sold for $7.1 million to a local developer.

The property holds a triple street access and is zoned R2 Low Density Residential, allowing for many potential development options.

CBRE’s Thomas Mosca and Frank Oliveri handled the expression of interest campaign.



Search for more development sites in Queensland here.

A 2,024sqm site at 267 – 273 Moggill Road, Indooroopilly, has sold for $2.25 million to an off-shore buyer.

The property comprises three separate lots zoned R2 Low Density Residential with street frontage of 50m.

Cushman and Wakefield’s Sam Callanan and Joe Kennedy secured the sale through an expression of interest campaign.

A DA approved, Sunshine Coast hinterland site in Maleny has sold for $1.2 million to a private local developer.

The site covers 18.42Ha of land with approval in place for 12 accommodation cabins, a restaurant and manager’s residence.

Colliers International Leo Carne and Brad Moore handled enquiries for the sale.



Search for more development sites in Victoria here.

CBRE have achieved a record sale in Box Hill, selling a 1,220sqm landholding at 25-29 Ellingworth Parade via an Expression of Interest campaign.

The site comprises three office buildings and reflects the “strongest land rate achieved this year in Box Hill for a development site,” CBRE Director Scott Orchard has said.

CBRE's Chao Zhang, David Minty and Scott Orchard handled the campaign.

Multiple Sclerosis Australia has secured a new three-level building opposite Box Hill Private Hospital at 120 Thames Street for $9.5 million.

The 903sqm site has a permit for 20 medical service providers. Multiple Sclerosis have plans to expand their services across the new vacant property.

CBRE's Sandro Peluso, Bianca Butterworth, Kinson Wong and Josh Twelftree transacted the sale.

A brick factory/warehouse in Preston has sold for just over $1.062 million. The 603sqm total land site is zoned industrial 3 and offers potential for redevelopment or occupation.

Miles Real Estate’s Paul Evans and Tim Mitchell handled the expression of interest campaign.


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