Jul 26 2017Add to Favorites
Simon Johanson, The Sydney Morning Herald
Banks are proving their worth to property investors. The Bendigo Bank building, a 788sq m, two-storey freehold at 4 Prospect Hill Road, has sold under the hammer for $7.03 million on a sharp 4.2 per cent yield, Fitzroys' Chris James, Chris Kombi and David Bourke said. The property sold with new five-year leases to Bendigo and Adelaide Bank on the ground floor, and CIPL on the first-floor.
The Goodlife Health Club at 312-320 High Street in Belmont has sold to a local investor for $5.322 million, a net passing yield of 7.5 per cent. JLL's Stephen Bolton, Tom Ryan and Peter Sprekos handled the negotiation. Quadrant Private Equity owned Goodlife signed a new five-year lease and five-year option on the building with passing annual income of $405,000 + GST.
SOURCE: The Sydney Morning Herald
Entering the display suite of Aqualand's Blue, the vista is nothing short of spectacular. With expansive 180-degree uninterrupted views of the pristine Sydney harbour, sunlight glittering atop the vivid blue waters, like a vibrant Brett Whitely come to life. The CBD Skyline and iconic harbour bridge expanding in all directions, giving a sense of awe and exhilaration, you feel like you can see everything that matters in Sydney, life unfolding, all at the same time, with you somehow in control of the unfolding, the view is breathtaking.
One Park Drive, Canary Wharf Group?s landmark residential development, has successfully sold out of its largest available apartments.
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