Real Estate News, Tips & Tools. Your Partners in Property Sales, Leasing, Management and Strata. NSW, WA and ACT.
Group Colleges Australia (GCA) has started a second campus in the Sydney CBD office at the newly leased 1618sq m space on levels 10 and 11 at 233 Castlereagh Street in the Sydney CBD. The GCA will pay a gross annual rent of $495 a square metre over five years for this A-Grade Sydney CBD […]
2016 has seen some significant changes made to the way in which real estate in NSW is bought and sold for both residential and commercial property. The aim of the new underquotting legislation changes is to stop corrupt agencies from benefiting financially. Effects on Sellers? If you are wanting to sell your property, then your […]
Wollongong could be the prime location for anybody looking to break into the world of commercial real estate investing according to one property services firm. Increased demand for office space in the central business districts of Sydney and Melbourne has resulted in declining vacancy rates and increased rents in those cities, and as a result […]
MMJ Real Estate City Beat Publication for June 2015… Are you interested in a monthly review of economic market indicators & key sales and leasing transactions across Australia? MMJ Real Estate produces the CityBeat publication monthly. The newsletter acts as a snapshot into the commercial market listing sales and leasing transactions of interest at the […]
AMP Capital Investors, on behalf of the Property Income Fund, has sold the Yass Highway Service Centre for circa $23 million, reflecting a passing yield of approximately 8%. The property which is underpinned by a new 10 year lease to Caltex for 70% of the passing income, is the last of the properties to be […]
From the Illawarra Mercury, 20/02/2015 – The trend of investors outside the region showing strong interest in Wollongong’s commercial market continues with the impending sale of a well-known building in Market Street. MMJ Real Estate Wollongong’s Travis Machan said the sale of a six-level commercial office building at 83-85 Market Street had attracted the attention […]
MMJ Real Estate and Knight Frank have recently completed the sale of a large medium density residential development site at Erskineville for $32.55 million. Following an Expressions of Interest marketing campaign concluding last year, the sale bucked the recent trend for the sale of this type of property being acquired by offshore Asian interests and […]
Positioned on the waters edge in one of the most beautiful locations on the East Cost of Australia, the new Headlands Resort development will comprise of a new tavern, restaurant and rooms overlooking the Pacific Ocean. With 61 serviced apartments which will feature a choice of studio, one and two bedroom apartments with onsite management […]
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 […]
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 […]