Deals of the Week - 22nd January 2024


January 2024
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Deals of the Week - 22nd January 2024

As we take our first few steps into 2024, we notice lower-than-usual deal activity, with one notable deal in Queensland.

Queensland

LOGANHOLM - $44 million 

The State of Queensland Department of Housing has purchased a vacant residential village in Loganholme for $44 million.

Located at 3745 Pacific Highway, Tanah Merah Village sits on a 23,030 sqm site and was developed over three stages in 2008, 2010 and 2018. 

The village comprises 124 apartments, a large community centre, a fully equipped commercial kitchen, a pool, an AV room, a salon and a library. Included was also a 6,297 sqm land parcel offering further development. 

CBRE’s Will Carman, Adelaide O’Brien of CBRE’s Brisbane Metropolitan team and Marcello Caspani-Muto, Sandro Peluso and Jimmy Tat of CBRE’s Australian Healthcare & Social Infrastructure brokered the deal on behalf of Aveo. 

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