blog.buysellrealestate.com.au

Two adjacent industrial properties in Marrickville, New South Wales
were sold post-auction by agents of CB Richard Ellis in a single line.

A two-level freehold commercial office and warehouse on a tightly held street in
Bundall, Queensland, has sold with vacant possession to an investor on a
7.7% yield.

Following independent revaluations of 11 of its 23 property assets, the
Cromwell Group has reported an increase of 4.5%, or nearly $24 million, across its portfolio.

Development Group, Marchmont, is putting a freehold industrial land in
Hazelmere, Western Australia on the market following strong enquiry
from several Perth and interstate companies.

The NSW Government has appointed a member of CB Richard Ellis Liverpool
to the Greater Western Sydney Economic Development Board as large
industrial developments get set to shape the region.

Aspen Living has launched the Gloucester residential precinct at its
Whitsunday Shores golf village following strong buyer interest sparked
by announcements that Bowen is set to become Queensland’s next major
industrial powerhouse.

According to Colliers International, New South Wales property
developers are following a trend started in Europe to “build and hold”
residential projects rather than selling them off as rental yields
increase and apartment blocks prove to be attractive investment
opportunities.