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Bringing you the latest Canberra commercial property development news. The Canberra Times last week featured a report on the next stage of the Constitution Avenue upgrade. Read the update here. Two lake front development sites in Yarralumla were purchased by Canberra Girls Grammar School for a total of $1,780,000.Blocks 15 & 16, Section 17 […]
Most investors feel comfortable with investing in residential property as they are familiar with it. Most of us have rented a property, and some of us have bought a house or unit, and understand what that experience entails. Commercial property, on the other hand, is a little more mysterious, but is an increasingly valid investment option […]
The GPT Group’s $200 million venture is at the forefront of a wave of property investment into the Wollongong City Centre. Coupled with large scale public expenditure, the CBD is experiencing a spike in local investment and entrepreneurialism, spanning everything from small bars to large-scale innovation in construction. Its only been two weeks since the new Wollongong […]
New South Wales leads the pack: Where the states and territories’ economies rank. For the first time since July 2011, CommSec’s quarterly economic ranking of the states and territories has shown New South Wales lead the pack. The ranking takes into account economic growth, retail spending, equipment investment, unemployment, construction work, population growth, housing […]
Bringing you the latest Canberra commercial property news. Northbourne housing precinct redevelopment in jeopardy The ACT’s Land Development Agency is reconsidering the proposed revitalisation of the Northbourne Flats area due to a provisional Heritage Listing. The Heritage Council is seeking public submissions on a full heritage listing of the sites between Morphett and Macarthur & Wakefield Avenues along […]
Bringing you the latest Canberra commercial property news. SOLD – New West Industry Park, Hume An IZ1 zoned block in Hume’s new industrial estate has been sold this week – Block 7 Section 29, with an area of 11,029sqm. This is in addition to a small block in the same area which sold last week, as […]
Yass Service Centre to be sold by AMP Capital Investors. The iconic Yass Service Centre situated on one of Australia’s busiest highways is being offered for sale by AMP Capital Investors and is the last remaining asset to be sold off from their Property Income Fund. Located in southern NSW on a 5.87 […]