Bunbury development site sold to Hong Kong based Oriental Property Group for $4.95 million - RWC WA & Elders
The 16,484sqm site at lot 76 Ocean Drive Bunbury sold by RWC WA agents Daniel Abisedon and Brett Wilkins, alongside Elders agent Mick Caddy, on behalf of a Sydney based property group.
Two properties with development potential in inner Brisbane’s Toowong sold for $6.4m - Knight Frank
The off-market sale of the properties to a local investor/developer, reflected a strong sale rate on land area, was negotiated by Christian Sandstrom of Knight Frank on behalf of the vendor.
Last piece of Kingscliff’s Salt sold for $24m - LJ Hooker & CBRE
Tweed Coast development site sold for $24 million in the region’s first major land deal for 2024. The 15,904sqm site at 4-8 Bells Boulevard sold for more than $1500 per square metre by LJ Hooker Kingscliff’s Nick Witheriff and CBRE’s Mark Witheriff.
Parkville site sold set for redevelopment after selling for $3.12m - Fitzroys
The $3.12 million sale of a versatile Parkville landholding has reaffirmed the demand for residential product in the heart of Melbourne’s largest and most coveted healthcare, research and education precinct. Over 70 enquires for 32 Park Drive sold by Fitzroys’ Chris Kombi and Ben Liu.
REIV headquarters sold to high-end residential developer ANGLE by CBRE
The Real Estate Institute of Victoria (REIV) long held Camberwell headquarters 335 Camberwell Road sold by CBRE’s Tom Ryan, Scott Orchard, David Minty and Nathan Mufale.
GURNER acquires prime South Yarra corner site, unveils plans for $800m mixed-use precinct – “The next Saint Moritz”
Multi-billion-dollar developer GURNERTM has announced the acquisition of a major 4,651sqm site at 424 – 426 St Kilda Road, Melbourne, with plans to transform the commercial site into 160-180 residences to rival the design and service of Saint Moritz, with a total end value of circa $...
Demand for high density sites in core major retail or activity centres says Stonebridge Property Group
Stonebridge Property Group are seeing a resurgence of buyers for high density sites in major retail and activity centres despite "Higher density sites have faced headwinds over the past 12 months, with rising interest rates and building costs being a major factor in purchasers decisions.” Says...
GURNER acquires prime Sydney Harbour site for future $800 million ultra-luxury twin-tower project - CBRE
Tim Gurner is set to deliver a new level of luxury to Sydney, announcing the acquisition of a trophy site at 189 Kent Street, Sydney, that will become home to a $800 million, 34-storey two-tower landmark in deal brokered by Justin Brown, Tim Rees and Ben Wicks of CBRE.
Lendlease and Daiwa House partner to deliver $650m build-to-rent project at Melbourne Quarter
The development, located at the southern edge of Melbourne’s CBD at 646-666 Flinders Street, will be the second build-to-rent residences to be delivered by Lendlease in Australia as it continues to expand its international capability locally.
Permit approved Box Hill Activity Centre hotel site sold Stonebridge Property Group
A permit approved site for a 28-level, 230 room hotel site sold in the Box Hill Activity Centre. 874 Whitehorse Road BoxHill sold by Stonebridge Property Group’s Julian White and Chao Zhang.