A Woolworths supermarket at Nambucca Heads in northern New South Wales, has sold at auction to an undisclosed Sydney investor. A second Woolworths supermarket in Wellington, New South Wales, also sold at the same auction.
MFS Diversified Group has sold a commercial building in Nambour, Queensland, realising a gain of 22% on the property’s last valuation. The building’s major tenants are Centrelink and the Australian Electoral Commission.
A local private investor has purchased a new Beaurepaires outlet at Hampton Park in Melbourne, on a tight 5.93% yield. the building is situated on a large 6215 sqm, Business 3 zoned site.