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Auction success for three healthcare assets

18 October 2017

Melbourne, 18 October 2017- The appetite for quality healthcare investment shows no sign of abating, with three properties recently sold at auction.

 

284 Station Street, Lalor sold for $2.11 million on a 5.33% yield. The freestanding two-storey corner retail/medical investment sits on 256sqm Commercial 1 zoned land with a 444sqm building area. The property is leased to MIA Radiology.

 

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Berwick Hotel set to test the national pub investment market

16 October 2017
Melbourne | 5 October 2017
A landmark metropolitan Melbourne pub is being sold by CBRE on behalf of the publicly listed AREIT, ALE Property Group (ALE) – marking the first property ALE has brought to the market since its 17 venue sell down in 2009-2010.
The Berwick Inn Hotel is leased to Australian Leisure & Hospitality Group (ALH), which is 75% owned by Woolworths and is the largest operator of pubs in the country. It holds the lease until November 2028, with four further 10-year options to extend to 2068.

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All roads lead to 1 Tripovich Street

11 October 2017

Melbourne, October xx 2017 – The historic former home of Melbourne’s first self-serve market has been listed for sale in a move tipped to attract wide-ranging buyer interest.

CBRE’s Sandro Peluso, Rorey James, Nathan Mufale and Mark Wizel have been appointed to sell the former Brunswick Market building, one of Melbourne’s few purpose-built market structures surviving from the inter-war years.

 

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Water Rat Hotel listed for sale

3 October 2017

Melbourne, 3rd October 2017 – A South Melbourne icon, the Water Rat Hotel, is being offered for sale.

 

Built in 1858, the popular venue located at 256 Moray Street was originally name Druids Hotel and in more recent years, the Freemason’s Hotel. The venue has a rich history, being the location of the 1973 murder of Painters and Docker Union Secretary Pat Shannon.

 

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Hotly contested healthcare investment sells on record return

27 September 2017

A freestanding medical property in the beachside suburb of Frankston has sold on a passing yield of 3.2% at $5.6 million.

374-378 Nepean Highway comprises 3,405sqm of land zoned Commercial 1 and sits on a corner site with a 1,281sqm building. The property is tenanted to national medical tenants Psoriasis Eczema Clinic Australia and CPAP. It is walking distance to the Port Philip Bay, Bayside Shopping Centre and Frankston train station

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Popular Burgundy Street Plaza to hit the market

27 September 2017

Melbourne, September 27 2017 – A collection of 11 strip retail shops that sits on one of the largest landholdings along the popular Burgundy Street, Heidelberg, is being offered to the market with expected interest levels in excess of $9.5 million.

 

CBRE’s Mark Wizel, Lewis Tong, Nathan Mufale and Jing Jun Heng along with Miles Real Estate’s Paul Evans and Tim Mitchell have been conjunctionally appointed to sell the 1,000sqm holding known as ‘Burgundy Plaza’.

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27 September 2017

Melbourne, 27 September 2017- A freestanding medical property in the beachside suburb of Frankston has sold on a passing yield of 3.2% at $5.6 million.

 

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DEMAND BRINGS CBRE’S PREMIUM PROPERTY PORTFOLIO AUCTION FORWARD TO OCTOBER

27 September 2017

Melbourne, 20 September 2017 – Following the huge success of its inaugural Premium Property Portfolio Auction (PPPA), CBRE has brought forward the date of its second auction to October 26, 2017.  To be held at its Melbourne office from 6pm, the Thursday night auction will feature seven premium Australian investment properties, being:

1. Woolworths Kerang, Victoria

2. Amart Furniture Canberra, ACT

3. Centrelink Salisbury, South Australia

4. Nino Childcare Ashburton, Victoria

5. Nino Childcare Bundoora, Victoria

6. Nino Childcare Mickleham, Victoria

7. Guardian Childcare Point Cook, Victoria

 

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100% CLEARANCE RATE AT CBRE’S INAUGURAL PREMIUM PROPERTY PORTFOLIO AUCTION.

22 September 2017

Melbourne, 1 September 2017 – CBRE’s first Premium Property Portfolio Auction (PPPA) has resulted in a 100% clearance rate with seven investment properties selling for over $100,000,000.

 

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