A modern, two level office building with basement car parking located directly opposite Melbourne’s Flemington Racecourse, has sold in an off-market transaction to Country Press Co-Operative Company Limited.
Colliers International has sold two industrial investment properties in Beverley, South Australia, along with another property in Gepps Cross. The properties are leased to Brambles Australia Ltd and PFM Labor Hire Pty Ltd.
The residential property market is unlikely to be severely affected by the expected announcement of an interest rate rise by the RBA today, according to CEO of WBP Property Group, Greville Pabst.