blog.buysellrealestate.com.au

Steel and building products distributor, Robot Trading, has sold a substantial development site on Melbourne’s fringe at an auction held by Gray Johnson.

A warehouse building approximately 7 kilometres north west of Adelaide’s CBD, has been snapped up by a private developer who plans to add a showroom component to the property.

Expression of interest have opened for the purchase of two neighbourhood shopping centres in Townsville, Queensland. The centers are part of more than $70 million in retail property about to hit the market in the coming weeks.

The Victoria suburbs of Reservoir, Frankston, Dandenong, Footscray and Lorne, have been identified as areas due for big price increases in 2008, according to WBP Property Group.