Property Reports

Primewest pays $45 million for West Gosford Hometown

February 1, 2018 Edgar Adams 0

Property fund manager, Primewest, has acquired West Gosford Hometown for $45 million from Harrington Property Group in an off-market sale through Stonebridge Property Group. Hometown is an established large format retail centre comprising 15 tenancies […]

Property Reports

Tuggerah property sold on 6.5% yield

February 1, 2018 Edgar Adams 0

Perth-based property investor Properties & Pathways has announced the sale of their Tuggerah Super Centre at 9 Bryant Drive, Tuggerah for $10.8 million providing the buyer with a yield of 6.5%. Properties & Pathways acquired […]

Property Reports

Sydney investor buys Charmhaven industrial

February 1, 2018 Edgar Adams 0

A Sydney investor has paid $1,480,000 (GST not applicable) for an industrial investment property at 23 Arizona Road, Charmhaven providing a 8.2% return. The property of 2,221 sqm comprises an L-shaped concrete panel and metal […]

Property Reports

Somersby investment property sold

February 1, 2018 Edgar Adams 0

Unit 11, 54 Gindurra Road, Somersby has sold for $675,000 (GST not applicable). The property comprising a fully equipped commercial kitchen with cool room and air conditioning is leased to the former owner on a […]

Property Reports

Investor buys new freestanding warehouse

February 1, 2018 Edgar Adams 0

A Sydney SMSF investor has bought a recently completed warehouse at 4 Sailfind Place, Somersby paying $1,480,000 plus GST. The 903 sqm high clearance warehouse building is of concrete and colorbond construction with 66 sqm […]

Property Reports

Investor buys Somersby warehouse

December 31, 2017 Edgar Adams 0

December 2017 An investor from Sydney has paid $1,480,000 plus GST for a new warehouse building at 4 Sailfind Place, Somersby. The property comprises a 903sqm warehouse building of concrete and colourbond construction with high […]

Leasings

Vacant Long Jetty restaurant leased

December 31, 2017 Edgar Adams 0

December 2017 A local restaurant owner has leased Shop 2, 485 The Entrance Road, Long Jetty (previously fitted out for fast food) with intentions to open an Italian restaurant in the New Year. Terms of […]