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Industrial sale to bank on
Image taken from www.realcommercial.com.auDemand for prime industrial land in the Brisbane south-west corridor continues unabated as evident by the sale of an industrial block at Redbank by Colliers International.

Clarendon Street hotel sold
Image taken from www.realcommercial.com.auThe Limerick Arms Hotel in South Melbourne, Victoria, has been sold at auction by CB Richard Ellis.

Slowdown to affect WA
According to Davis Langdon’s latest survey, the worldwide slow down in demand for resources is going to have a significant impact on the construction and building sector in Western Australia during 2009.

Officeworks retail investment auctioned
Image taken from www.realcommercial.com.auJones Lang LaSalle has negotiated the sale of a retail property that is currently leased to Officeworks in Fairy Meadow, New South Wales.

Ezy sale for Kelemen Commercial
The auction for 176 Whitehorse Road was attended by approximately 40 people and attracted three active bidders, with the property finally selling for $1.44 million.A commercial freehold property currently occupied by Ezy Gas in Blackburn South, Victoria, has sold at auction on a yield of 7.08%.

Sold well above expectation
Image taken from www.realcommercial.com.auAgents of Gorman & Kelly have sold a two storey brick factory warehouse with two street frontages in Windsor, Victoria.

Incentives to rise as demand falls
The Metropolitan Office Market Indicator Reports from Adelaide, Brisbane, Melbourne and Sydney found that business sentiment on the employment front is generally continuing to decline, suggesting that the leasing market will continue to soften, though those involved in the resources industry remain optimistic.Colliers International's latest national metropolitan office market research has shown that incentives are rising as leasing demand tapers off, while yields are continuing to soften as the sales market suffers the absence of largely institutional investment dollars.

New era via infrastructure projects
Infrastructure projects worth in excess of $15 billion are in the pipeline for Queensland’s Gold Coast as its population continues to rise.

Chatswood property sells at auction
Image originally from Realcommercial.com.auShead First National selling agents have sold a securely leased retail property at Chatswood, New South Wales, on a yield of 4.72%.

Tenanted Mulgrave property sold
The property at unit 12, 18-20 Lexia Place, Mulgrave, was purchased by a private buyer for $1.5 million after having been offered for sale via private negotiation.A securely leased commercial property with an international tenant in Victoria’s Mulgrave commercial precinct has sold through agents of Crabtrees Real Estate at an indicative yield of about 8.5%.

Corner positioned retail investment offered
Encompassing a land and building area of approximately 170 sqm, the property at 359 Balcombe Road is situated on the corner of Balcombe Road and Tramway Parade in the heart of the local Beaumaris retail precinct.R Malcolm Real Estate is submitting a corner positioned retail property in Beaumaris, Victoria, for auction.

Stock jitters boost property market
Image originally from Realcommercial.com.auBig crowds are coming back to the streets of Melbourne due to prolonged stock market volatility driving investors back to the safety of bricks and mortar, according to Colliers International.

Sale in Moonee Ponds
Offered for the first time in 65 years, 54 Puckle Street sold at auction for $1.77 million at a yield of just over 4%.Agents of Fitzroys have negotiated the sale of a double storey retail investment property in Victoria’s Puckle Street in Moonee Ponds.

Property's new lease on life reaps sale
Image taken from www.realcommercial.com.auA long established funeral home with a new lease in Kippa-Ring, Queensland, has been sold by agents of CB Richard Ellis.

Signs of life in Mackay market
Image originally from Realcommercial.com.auA funeral home in Mackay, Queensland, has been purchased at auction by an undisclosed investor on a yield of approximately 8.47%.

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