Canberra’s landmark Section 63 development site has sold under the hammer for a record Australian auction price. The sale smashed the previous Australian record of $69 million which was set in 1988.
An industrial facility with two street frontages at 11 Terracotta Drive in Blackburn, Victoria, has sold for well above its reserve price at auction. The property is currently occupied on a short-term lease and returns a net rental of $94,549 pa.
A showroom and warehouse fronting Matthews Avenue in Airport West, Victoria, has sold through CVA Property Consultants. The building comprises 983 sqm of floor space and is zoned Business 4.