The Reserve Bank has kept rates on hold at 2% for yet another month, with record rates staying in place since May. Economist had widely predicted the RBA would not make a move on rates with Christmas looming, but suggested a cut could be on the cards for the New Year given global economic conditions. […]
CityBeat | November 2015
MMJ Real Estate City Beat Publication for November 2015… 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 most up to date financial market indicators.
MMJ Wollongong September Auction
The Ilawarra’s property market showed no signs of slowing down last night with 7 properties up for Auction last night at the MMJ Wollongong event. The event was held at Wollongong Golf Club and saw residential land, commercial buildings, a sea-side house and CBD apartments go under the hammer. Auctioneer Daniel Hastings said that there […]
Canberra Industrial Development Opportunities
Additional development opportunities are available in Canberra’s growing southern industrial precinct of Hume, with the LDA calling for Tenders for three IZ1 sites. A variety of services specialising in freight and bulky goods are either already operating here or will soon commence construction. Three separate sites sized between 7,617m2 and 14, 131m2. Surrounding sites have […]
Illawarra Residential & Commercial Properties sell for above $6,550,000 in one night.
3 residential blocks of flats successfully sold at the MMJ Auction on Wednesday night held at the Wollongong Golf Club for well above reserve prices. 60 Grey Street, Keiraville consists of a block of 6 flats located within the Keiraville Village and a short walk to the university sold for above $1.8 million. 98 Corrimal […]
Sydney fringe site sold in joint venture for $32.55M
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 […]
Illawarra Real Estate is on the Front Foot
The key point coming out of Wednesday’s Illawarra Property Council Outlook Luncheon was that the region well and truly has its ‘Mojo’ back and is open for business. MMJ Wollongong was again the major sponsor and supporter of the event with Commercial Leasing Director, Michael Croghan the key presenter for the third year running. Mr […]