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Deal made in Law Court
The building at 8 Law Court, Sunshine, was sold subject to a lease to Hammelmann Australia for seven years, backed by a six month bank guarantee and annual 4% increases.An office and warehouse property in Sunshine, Victoria, has been sold after auction by agents of CVA Property Consultants.

Chosen in Chatswood
Image originally from Realcommercial.com.auThree new leases have been signed for space in a Chatswood office building, bringing it close to its full office capacity.

Strata sought in ACT
The two 5000 sqm blocks are each to be developed in to five strata units designed to cater for local business needsWalker Corporation has sold two blocks in Monaro Industrial Park, Canberra, to developers looking to offer smaller scale strata industrial units.

Return of investor sentiment
The survey, conducted in October amongst investors controlling more than $121 billion of real estate, paints a very different picture from twelve months ago, when sentiment towards commercial property investment was experiencing a rapid decline, with investors now optimistic of both short and medium term gains.The Jones Lang LaSalle 2009 Survey of Investor Sentiment has found that short-term commercial investor sentiment has sharply reversed from 2008, with respondents expecting improved investment performance and transaction volumes in 2010.

Ballarat industrial sites auctioned
The vacant lots 3, 4, 5 and 6 at 618 Sturt Street, Ballarat, were sold with Industrial 1 zoning already in place.Four industrial development sites in Ballarat, Victoria, have been sold at auction by agents of Colliers International. 

Del deal done
Image originally from CityscopeA hotel in Southport, Queensland, has been sold by agents of CBRE Hotels to a local Gold Coast operator.

New deals in North Melbourne
Vantex is understood to have been acquired by US giant Ingram Micro as part of its strategies to expand its global presence.A retail point-of-sale distributor is planning a relocation following its recent acquisition and has sold two of its North Melbourne properties through agents of ICR Property Group.

Brisbane market to recover
While 2009 has found to have been a challenging year for Brisbane commercial property by agents of Jones Lang La Salle, activity at the close of the year exceeded most expectations held at the beginning, with signs of the emerging recovery set to gain momentum in 2010.

Gold Coast grows
Research by Cityscope in the three months to December 2009 recorded 57 sales for a total of $146.6 million, with $29.5 million of this being commercial, $14.5 million commercial strata, $35.6 million retail and $32.2 million retail strata, with $34.8 million of other sales.The latest research from Cityscope regarding sales in the Gold Coast’s major commercial centres has found the market to be continuing to rise in accordance to the precedents set in the previous quarters.

Building bought in Ballarat
Situated at 415 Sturt Street, Ballarat, the period retail building is understood to be located in the heartr of the Ballarat café precinct.A two-storey retail and residential building in Ballarat, Victoria, has been sold at auction by agents of Colliers International.

Indicator of industrial increases
A Melbourne-based private investor purchased the property at 40 Buys Court, Derrimut, which was constructed by its vendor, developer Nikstan Constructions.The purchase of an office and warehouse in Derrimut, Victoria, is an indicator of the industrial market picking up, according to agents of Savills.

Service stations sold
A number of private investors are understood to have purchased the Caltex service-stations located in Seven Hills, Belrose, Innisfail and Dural.A portfolio of four Woolworths service stations with new leases have been sold at auction by agents of Burgess Rawson.

Paradise property purchased under hammer
Image originally from Realcommercial.com.auA retail property in Surfers Paradise, Queensland, has been sold at auction by agents of Ray White Commercial.

Nelson Bay shops auctioned
Image originally from Realcommercial.com.auA shopping arcade in Nelson Bay, New South Wales, has been sold at auction by agents of Colliers International.

Gold Coast nightclub bought
As previously reported by the Australian Property Review, Melbas on the Park has undergone a multimillion-dollar expansion to create a new restaurant, cocktail bar and lounge with 40 gaming machines and also incorporates a night club on the first floor.An iconic Gold Coast bar, restaurant and nightclub complex has been sold following a marketing campaign by CB Richard Ellis.

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