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 […]