Commercial hammer prices

Commercial hammer prices
Commercial hammer prices

The time the Burnett family has held their Buderim property before deciding to sell. In the Sunshine Coast, 157 Burnett Street is a 13,100-square-metre block of land with views over the Sunshine Coast from Bribie Island to Maroochydore. The original 1895-built homestead still sits on the property. Barry Ashby of Savills Sunshine Coast has been tasked with selling the development site, which is zoned as mixed housing.

 


 

The price one doctor paid for a medical centre in Ashwood. The two-storey, 288-square-metre building sits on 211 square metres of land. “We had solid interest in the auction of the property with more than 30 inspections and three bidding parties on the day,” says agent Ryan Amler from  Ray White Commercial Oakleigh. A local general practitioner bought the recently renovated building with the intention of being an owner-occupier.

 


The price paid for a block of 18 fully leased residential units, including two medical suites, in Sydney’s Balmain. The property, which earns a yield of 4%, was sold by CBRE’s Frank Oliveri and Peter Vines after more than 100 buyer inquiries.

 


The net passing rent of a 3,517-square-metre warehouse in Wetherill Street in Sydney’s Silverwater. A buyer paid $3.8 million for the property, which is currently leased to tool manufacturing and plastic moulding company LJ Wallace Group until December 2014. CBRE’s Cameron Grier and Michael O'Neill sold the property at its May 9 auction with three interested bidders.

 


The current rent of a consulting room in Adelaide’s Norwood. The 174-square-metre building comes with six main rooms and staff amenities and sits on a 556-square-metre block of land, with parking for seven cars. The property is currently leased to physiologists in a three-year lease with two extension options. They use the building as consulting rooms. CBRE’s Will Brown and Ben Younger will bring the property to auction later this month.

 

 

 

 

Alistair Walsh

Alistair Walsh

Deutsche Welle online reporter

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