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Articles from Residential
Tasty deal in Darlinghurst
Image originally from Realcommercial.com.auA property in Darlinghurst, New South Wales, with a restaurant on its ground floor and a boarding house above, has been sold at auction by agents of CB Richard Ellis.

St Peters site smashes reserve
Covering two interconnected lots at 44-46 Princes Highway and 3 Barwon Park Road, St Peters, the property comprised of a two to four storey building, offered with vacant possession and believed to have been previously used as a furniture factory outlet.An industrial warehouse property in St Peters, New South Wales, has been sold under the hammer by agents of Richardson & Wrench for a price significantly above the reserve.

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.

Strong auction results in NSW
11558640_3.jpgMore than $18.7 million in NSW property was sold under the hammer or prior to auction in December by agents of CB Richard Ellis.

Developers acquire St Kilda site
wellington street st kilda.jpgA development site in St Kilda has been sold in an off market deal to Melbourne based developers by agents of Keleman Commercial.

YMCA sells surplus
19 Goold Street, Chippendale.jpgA 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).

Unique property sells fast
65 Nicholson St, Brunswick, picture from www.realestate.com.auA warehouse with dwelling on the busy Nicholson Street of Brunswick, Victoria, sold to an investor prior to auction on a 4.8% yield. The property offers secured rental income as well as future development potential.

Canberra’s new sustainable precinct
The proposed final stage of the NewActon precinct in the ACT is set to include office and retail space in addition to residential space.

Three sold in Kangaroo Point
The properties at 11 Wicklow Street, 105 Main Street and 50 Holman Street, Kangaroo Point, comprise of commercial, commercial/residential and vacant land space respectively.Agents of Ray White Commercial and Ray White Special Projects have sold a portfolio of properties at Kangaroo Point, Queensland.

Docklands holds steady
Sales over the three months to November 2009 totalled over $17 million, just below the $18.5 million recorded in August 2009, though significantly lower than the $36 million recorded in May 2009. The latest research from Cityscope regarding sales in Docklands’ major commercial centres has found the market holding steady and maintaining similar results to those recorded for the previous quarter.

Melbourne site highly valued
The property at 410 Elizabeth Street, Melbourne, comprises of a seven-level building, fully leased on a short-term basis to three tenants, including Australia Post and RMIT.  A development site in the Melbourne CBD has achieved a significant land value following its sale by agents of Knight Frank.

Burke Road drops off
Sales over the three months to November 2009 totaled over $6.4 million, a significant decrease from the $22.8 million recorded in August 2009 and also lower than the $6.7 million recorded in May 2009.The latest research from Cityscope regarding sales in Burke Road’s major commercial centres has found the market dropping back down from the high results recorded in the previous quarter.

Redevelopment planned for Werribee
69 Synnot Street.jpgAn entity associated with a construction company has contracted to purchase a former car showroom business property at Werribee, Victoria.

Auction of Pascoe Vale church
535 Pascoe Vale Road Pascoe Vale.jpgA church and residence in Pascoe Vale, Victoria, has been sold at auction as a residential development site by agents of Fitzroys.

Freshwater childcare centre sells
Image originally from Realcommercial.com.auA new childcare centre in Freshwater, New South Wales, has been sold at auction with a lease in place by agents of Colliers International.

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