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Dec 22, 2022
Deals
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Owner occupier out bids developers and investors for Airport West property sold by NSL Property Group 

Attracting over 125 enquiries, the 738sqm vacant industrial site sold for $1,075,000. 16 King Street Airport West sold to a rapidly expanding tow company Local Towing & Salvage in a deal negotiated by Guy Naselli of NSL Property Group.

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Dec 21, 2022
Deals
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UniSuper to acquire large infill Melbourne industrial property $105m 

Highly sought-after 13 hectare industrial property at 1-7 Cawley Road Yarraville Victoria sold to UniSuper for $105 million. The acquisition was facilitated by real estate investment management firm Richmond Bridge. CBRE’s Mark Granter and Chris O’Brien, along with Chris Jones from Dawkins’...

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Dec 21, 2022
New Projects
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Melbourne growth corridor landmark industrial asset sold to Aliro Group and ISPT for $95 m by Colliers 

The 12.21 hectare Dandenong South industrial site sold on behalf of IVECO to Aliro Group and ISPT, who plan on redeveloping the site into a premium logistics estate. 1-27 Princes Highway sold by Colliers’ Daniel Telling, Gordon Code, Gavin Bishop, and Sean Thomson. 

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Dec 12, 2022
New Projects
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Industrial market remains strong as Brisbane complex sells out for more than $17.5M - Ray White Commercial 

A 19 unit Pinkenba industrial complex sold out for more than $17,500,00. 15 Holt street Pinkenba sold by Ray White Commercial TradeCoast agents Jack Gwyn and Jared Doyle, and Ray White Commercial Milton agent Maclay Kenman. 

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Dec 7, 2022
Deals
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Truganina industrial development site sold for $10.25 m by CBRE 

A vacant Truganina industrial site with approved permit for a 7,440sqm warehouse sold to Plus Property Group. 27 Pauljoseph Way Truganina located in Axiom Estate sold by CBRE’s Lachlan May, Ricardo Cappelletti, Tom Murphy and Fergus Pragnell. 

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Dec 6, 2022
Markets
Market Trends
Market Overviews
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Undersupply of Industrial and commercial land sees market remain buoyant in Geelong

Colliers Geelong recently sold several key holdings that left many unsuccessful buyers keen to secure warehouse and commercial space as demand grows. Colliers Geelong agent Chris Nanni said it’s clear there are still active buyers in the market after the string of recent industrial sales across...

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Nov 28, 2022
Deals
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Industrial land sale sets new Sunshine Coast record - CBRE 

120 enquires and 8 offers for three Noosa industrial lots sold for $7.3 million, marking a record-breaking price for the Sunshine Coast. The three 2,000sqm industrial lots, located at 5-13 Production Street Noosaville sold at record rate per Sqm by CBRE’s Louisa Blennerhassett and Matt Marenko...

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Nov 23, 2022
New Projects
Deals
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Truganina industrial development site sold by CBRE for $5.6 million 

Truganina development site sold for $5.6 million to Australian-based property development company Conrock. 40 National Drive sold as a ready-to-develop site with concept plans and permits for a 4,500sqm office warehouse brokered by CBRE’s Ricardo Cappelletti, Lachlan May, Fergus Pragnell and Tom...

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Nov 23, 2022
Deals
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Truganina warehouse sold by CBRE represents record per square metre rate

An office warehouse Truganina sold to Success Logistics for $13.5 million. 2B Dunmore Drive sold by CBRE’s Ricardo Cappelletti, Fergus Pragnell, and Tom Murphy. 

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Nov 17, 2022
Deals
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WA syndicator Properties & Pathways finalises sale of $78.8m I&L portfolio negotiated by CBRE 

Perth-based property syndicator Properties & Pathways has concluded its divestment of a tri-state industrial and logistics portfolio for $78.8m comprising six assets across Melbourne, Brisbane and Perth. CBRE’s Jack Pershouse managed the sale campaigns on behalf of Properties & Pathways...

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