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Unwind overlooking the water at ANEW Rockdale
ANEW Rockdale, Knightsbridge’s $62+ million mixed-use development in Sydney’s south is set to revitalise and transform the vibrant urban village on the rise. In tandem with the government’s regeneration of the Rockdale town centre, which includes a revitalised civic square, greater connectivity, extensive street scaping and shared spaces, ANEW reinjects a village like atmosphere into Sydney’s urban spaces. Architects Abworks…
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Department of Finance signs annual multi-million dollar lease for One Canberra
In an off-market arrangement, the Commonwealth Department of Finance has secured a multi-million dollar, long-term lease for One Canberra, a prestigious ‘A’ grade 24,065 square metre office building prominently located just 500 metres from Parliament House Canberra. Owned by integrated property firm, the Willemsen Group, the building, located at the corner of National Circuit and Canberra Avenue, consists of five…
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LivStyle: When an Apartment Becomes a HOME
A new phase in the evolution of apartment living is underway in Sydney, with intuitive developers catering for the longer-term needs of growing families. Well-designed three-bedroom apartments in inner-ring suburbs with good transport connections are now a viable alternative to a family house. That’s why the specialist inner-city development company LivStyle is launching a project in Rosebery called HOME. Aimed…
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Final Lots for Sale in Riverside Haven
The first substantial residential land project for more than 50 years in Brisbane’s west with immediate connection to the Brisbane River has almost sold out as the estate’s first residents prepare to move in. Unison Projects’ Arbour Reach, a 29-lot development on a 2.5ha estate off Magazine Street, Sherwood, has only two blocks remaining and both are fronting the Brisbane…
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VentureCrowd and Clearstate raise $1.7 million in major property crowdfunding deal
VentureCrowd, Australia’s original and most successful equity-based crowdfunding platform, has closed a second, oversubscribed funding round in partnership with end-to-end residential property developer, Clearstate, for a residential development in Sydney’s south west. Hot on the heels of the companies’ inaugural Riverstone development deal, which raised close to $1 million in under four hours, the Austral investment has given more than…
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Momentum builds in Circular Quay
Mirvac’s 200 George Street development is complete and is the first jewel in the Circular Quay crown as development and growth in the area picks up momentum. Standing 37 stories and spanning 39,200 square metres, the ‘smart’ building is designed both with the environment and the wellbeing of office workers in mind and is the first completed project as a…
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Woden to welcome ACT Health
The Department of Health has signed a 15 year lease for 11,000sq m of office accommodation at the newly refurbished 2-6 Bowes Street Phillip. Colliers International’s Paul Powderly, Tim Mutton and Michael Ceacis brokered the deal. The ACT Government will be relocating its workforce of about 750 staff from multiple sites around Canberra and will be joining other Commonwealth Government…
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Brookfield Multiplex Delivers New Tower to Melbourne CBD
Brookfield Multiplex, a leading global contractor, has delivered another high-rise tower to Melbourne’s city skyline, with the completion of Central Equity’s $295 million residential tower Melbourne One on time. Located at 618 Lonsdale Street, the landmark 47 level tower stands some 149 metres above ground level. The construction of Melbourne One generated in excess of 1,000 jobs and used some…
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Woods Bagot’s Design of Uniting Communities’ Redevelopment Breaks the Mould
Uniting Communities’ redevelopment on Franklin Street in Adelaide is a radically mixed -use building which aims to provide a range of services from retirement living, disability respite and specialist disability accommodation, retail tenancies, a community services hub, convention and meeting space and workplace. Designed by Woods Bagot the redevelopment, which recently received DA approval, will generate a ‘one-stop’ shop experience for…
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Sydney CBD office market demand strong
The Sydney CBD office market continues to perform well above the national average with vacancy rates decreasing over the past six months, according to the Property Council of Australia’s latest Office Market Report. “Sydney’s office market continues to have the lowest vacancy rate and the strongest demand of all capital cities,” NSW Executive Director Jane Fitzgerald said today. “Sydney’s CBD…
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Rare DA-approved site in Botany to go to public auction
A significant residential site in Botany, with a rare DA approval in place, and a price guide of $10 million, is certain to attract strong local and overseas developer interest, according to listing agent, Tony Laing, Co-Principal of Raine & Horne Commercial Bondi Junction. “The real value in this site, which will go to public auction on Thursday 25 August,…
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Caloundra CBD Retail Investment for Sale at Auction
A retail investment opportunity in the heart of the Caloundra CBD on the Sunshine Coast is being offered for sale via auction through Ray White Commercial Caloundra. The single storey commercial property divided into two tenancies at 37 Bulcock Street, Caloundra, is being marketed by Ray White Commercial Caloundra’s Len Greedy and Alan Gray. Mr Greedy said the approximately 117…
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Changing of the Guard at Mclaren Vale’s Famous Conte Vineyard
Local wine producer acquires well known family vineyard Well known South Australian winemakers, the Conte family, have sold one of their long-standing vineyards in the famous McLaren Vale wine region. Colliers International’s Nick Goode and Nick Dean facilitated the sale of the Conte family’s McLaren Vale property, totalling approximately 53ha, to local wine producer Dowie Doole. “The property has been…
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Teracota Terraces: Evolution of the Aussie Terrace
Innovative inner-city developer LivStyle has brought the much-loved terrace into the 21st Century by incorporating features of a modern apartment. Its Teracota Terraces at Alexandria have practical entertaining areas, a media nook, a private courtyard, expansive windows and sliding doors, a self-contained laundry, substantial storage options and basement car parking with direct internal access. While paying homage to the traditional…
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Exotic Tropical Turtle Island for sale in Australia
An entire freehold tropical island just off the coast of Queensland, Australia has hit the market with council approval for usage as a tourist resort, or an option to purchase as a private retreat. Turtle Island sits on 23.25 acres of land and is one of only nine freehold islands in Queensland, and boasts extensive existing facilities and ease of…
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Nambour Retail Space for Lease
A tenancy in a prominent retail outlet on the main street of Nambour on the Sunshine Coast is being offered for lease for the first time in 80 years by Ray White Commercial North Coast Central. The 130 sqm tenancy at 1A/70 Currie Street, Nambour, is being marketed by Ray White Commercial North Coast Central’s Emily Pendleton. Ms Pendleton said…
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Gold Coast Airport Lands On Tweed Drive-In Site
A high profile 5.15 hectare site at Tweed Heads West, which was formerly the iconic Tweed Heads Drive-In has been purchased by the Gold Coast Airport for $11.45 million. The property at 1 Wollemi Place which had been granted development approvals for a Masters Home Improvement store was sold by James Crawford and Darrell Irwin of Colliers International on behalf…
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Skyline vision to boost economy and employment
The City of Sydney has developed a strategic vision for Sydney’s future skyline with potential building heights in excess of 300 metres – 80 metres taller than Governor Phillip Tower – while still protecting sun access to the city’s important public places and parks. In the most comprehensive urban planning strategy for Central Sydney in 45 years, the City has…
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CBP Contractors Renews Lease for Prime Office Space in Brisbane’s Fortitude Valley
CBP Contractors Pty Ltd has renewed its lease at HQ South Tower, 520 Wickham Street, Fortitude Valley, for a further ten years. Following five years at the same address, the construction company will continue to occupy a total of 9,582sq across levels 3, 5, 6, 7 and 8 at one of the inner city fringe’s premier office buildings. Owned by…
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Industrial Investment Unit for Sale at Auction
The freehold interest in an industrial investment unit in the Hallmarc Business Park at Ormeau on the northern Gold Coast is being offered for sale via auction by Ray White Industrial M1 North. The approximately 252 sqm warehouse/office at 51/28 Burnside Road, Ormeau, is being marketed by Ray White Industrial M1 North Team Leader Lisa Dunne. Ms Dunne said the…
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Rare Opportunity to Buy Entire Sydney Apartment Blocks in One Line
Another two blocks of Sydney apartments have been listed for sale – this time in Marrickville and Coogee – amid ongoing demand for residential investment opportunities. CBRE’s Peter Vines has been appointed to sell the Marrickville building, which comprises 46 studio and one-bedroom units at 11-13 Osgood Avenue. In a separate campaign, a second block of 24 apartments at 326…
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Fairfax’s ‘Daily Liberal’ Dubbo Site for Sale at Auction
A central and commercial complex in Dubbo, the headquarters of Fairfax Media’s Daily Liberal newspaper, is being offered for sale via auction by Ray White Commercial NSW and Ray White Dubbo. The approximately 2,185 sqm building at 216 Macquarie Street and 1 Bank Street, Dubbo, is being marketed by Samuel Hadgelias and Jeff Moxham of Ray White Commercial NSW and…
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Barangaroo development and downsizers driving demand for Pyrmont apartments
With auction clearance rates nearing 100% in recent weeks, the inner city suburb of Pyrmont, which includes the Jacksons Landing precinct, is in hot demand, according to James Pratt, Director Auction Services, Raine & Horne. “The Sydney metropolitan market is enjoying a strong run with 80% clearance rates in recent weekends, however, clearance rates are even better in inner city…
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Chinese Developer Sets New Record with $30.8 Million Box Hill Purchase
Neighboring not-for-profit organisations – Navy Health and Scope – have sold their adjoining Box Hill properties for just over $30 million to a single Chinese developer, setting a new record of almost $12,000 a square metre of land. According to Savills State Director Clinton Baxter, who brokered the sale of the 2,650 square metre site with Director, Nick Peden, and…
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Mandurah Large Format Retail Centre Sold for $13m
A high profile, large format retail centre at the gateway to Mandurah – Western Australia’s fastest growing city – has sold for $13 million through Knight Frank and Raine & Horne Mandurah. The successful purchaser was the well-established Perth based investor and syndicator Sullivan Property Consultants. Located on the corner of Mandurah Terrace and Mandurah Road at the northern entrance…
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Newcastle commercial markets surge on back of share market volatility and DIY super fund demand
Owner-occupiers and investors are combining to drive demand for commercial property in Newcastle priced below $2 million, according to Steven Dick, Co-Principal of Raine & Horne Commercial Newcastle. “The current rules[i] let Self-Managed Super Funds (SMSFs) purchase a business premises, allowing owners to pay rent directly to their SMSF at the market rate,” said Mr Dick. “Savvy Newcastle business owners…
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Colliers International Welcomes Four Points by Sheraton Parramatta
Transformation of Parramatta to include new speciality-select hotel. Colliers International welcomes the debut of Four Points by Sheraton in Parramatta, with a new 271 room, speciality-select hotel on George Street in the heart of Parramatta’s CBD. Four Points by Sheraton Parramatta will also feature a bar and lobby lounge with snack kiosk, a restaurant, parking facilities, an indoor swimming pool…
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Neighbourhood Shopping Centre Site Sells – 90-98 Glenmore Ridge Drive, Glenmore Park
Glenmore Ridge in Western Sydney is set to be the home of a brand new neighbourhood shopping centre, after Mintus Properties Pty Ltd purchased a 2.11 hectare site (approx.) for $7.22 million from Lensworth Glenmore Park Limited (a subsidiary of Stockland Development Pty Limited), within the aspirational master planned residential community of Glenmore Ridge. Located at 90-98 Glenmore Ridge Drive,…
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