Year: 2020

24.06.2020

2.24ha supersite listed in Melbourne’s western capital

The last remaining chunk of Commercial 1 Zoned land within Werribee’s rapidly evolving healthcare precinct is set to hit the commercial property market. The 2.24ha* site located at 246-248 Hoppers Lane is being brought to market by CBRE’s Hotels and Social Infrastructure teams, comprising David Minty and Sandro Peluso, in conjunction with Greg Jensz and…

19.06.2020

9 Offers received for first On Market Service Station campaign in Victoria post COVID-19

CBRE Victorian Retail Investments have sold a newly built BP Service Station, through an expressions of interest campaign, being the only Victoria service station to transact on market post COVID-19 being announced a pandemic.The service station was sold to a domestic investor (outbidding both interstate and international Asian investors) for $6,700,000 representing a passing yield…

15.06.2020

Vacant St Kilda building sells on 14-day settlement amid COVID-19

A private investor group specialising in building refurbishments has snapped up a vacant St Kilda building on a short 14-day settlement. CBRE’s Rorey James and Dylan Kilner negotiated the $3,1000,00 sale of 2-4 Vale Street on behalf of a private investor. The two-level, 955sqm building was snapped up by Hilllsyde Nominees, who will commence a…

21.05.2020

Collective Capital snaps up $20m Frankston office

– Defensive tenancy profile behind off-market purchase – National property investment group, Collective Capital, has snapped up one of the most significant office buildings in Melbourne’s south-eastern bayside with the off-market purchase of a Frankston property valued at circa $20 million. In a deal brokered by CBRE Director Investments, Mark Wizel, with Directors Melbourne Middle…

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