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Chatswood drops off
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 The latest research from Cityscope regarding sales in Chatswood’s major commercial centres has found a drop in the market from the jump in sales recorded in the previous quarter.
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Olympian effort by Watpac
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 All office space in a development at Sydney Olympic Park has been leased, defying what has been described as one of the most difficult office leasing markets in Sydney in recent times.
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Melbourne CBD grows with population
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 A new Savills Australia report has found that Melbourne’s population growth, particularly its CBD component, is underpinning a robust retail market encouraging new development, investors and tenants.
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Parramatta picks up
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 The latest research from Cityscope regarding sales in Parramatta’s major commercial centres has found the market to be on the rise, continuing the upward trend of the previous quarter.
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Market move gathers momentum
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 Early works are understood to have commenced at the site of the new Melbourne Wholesale Fruit, Vegetable and Flower Markets.
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YMCA sells surplus
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 A 439 sqm car park in Chippendale, New South Wales, has
been sold by Tim Green Commercial on behalf of the Young Men’s Christian
Association (YMCA).
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Auctioned at Armadale
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A two-level retail/office building on one of Melbourne’s
most sought after retail shopping strips in Armadale, Victoria, has been
successfully sold at auction by agents of Gross Waddell.
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Success at Sydney auction
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 A vacant 3-storey building in Sydney, New South
Wales has been sold by agents of Colliers International, as part of their NSW
Summer Auction Portfolio.
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Newcastle sales wrap
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 The latest research from Cityscope regarding sales in Newcastle’s major
commercial centres has seen a drop in the market when compared to the
$53.3 million recorded in the three months leading up to September
2009.
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CBD retail building attracts strong interest
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 Allard & Shelton Melbourne successfully sold a CBD retail building, which has been managed by the agency for over 80 years, at the auction last Friday. The property sold substantially above the reserve price on a yeild of 3.3%.
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Caloundra has super sale
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 A Woolworths shopping centre in Caloundra, Queensland, has been sold by agents of Jones Lang La Salle following a campaign that attracted nine serious bidders.
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Special delivery in Coburg
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 A post office in Coburg, Victoria, has been sold prior to auction by agents of Commercial FN with a lease already in place.
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