First Sale Kicks off at New West Industry Park

NewWestIndustryPark

MMJ Canberra Principal Nick George has sold the first development site in Hume’s New West Industry Park. Block 6 Section 29, with IZ1 (General Industry) zoning, sold at $1,090,000 to an owner occupier. Nick commented, “Several other blocks in the estate are currently under negotiation”. This emerging industrial estate is proving to be popular amongst […]

Last Amaroo Group Centre block sells.

Amaroo Auction.sold

The last remaining mixed use / multi-unit development site in Canberra’s Amaroo Group Centre has now been sold. Originally passed in an auction on 27 November, the block sold to the highest bidder for $2,350,000. Blocks 1 & 2 Section 114 total 4,049sqm and allow a maximum of 70 dwellings and 2,500sqm of commercial space. […]

RBA leaves Rates on Hold at Last Board Meeting for the Year.

Interest Rates

The Reserve Bank of Australia (RBA) has announced the outcome of their last board meeting of the year. With a steady economy and coming into the holiday season, the RBA has decided to keep the cash rate on hold for the fourth consecutive month at 2.5 per cent. Economists were largely unsurprised by the announcement, […]

Gungahlin set to get its own seven-screen cinema complex.

LR-cinema-729-20131126105307969217-620x349

It’s lights, camera and action for Gungahlin with a $50 million plus development set to provide a seven-screen cinema for the north Canberra town centre. Work will start mid 2014 on two 500-seat movie theatres and five 200-seat theatres boasting an overall capacity for more than 2000 patrons. Long-established Canberra company the Krnc Group, better […]

Amaroo Group Centre Proves Popular

Amaroo Auction.sold

At the MMJ Canberra auction yesterday five residential and commercial development sites at Canberra’s Amaroo Group Centre attracted strong bidding with four of the sites being sold under the hammer. Over 40 registered bidders competed for the mixed-use/multi-unit, townhouse, terrace and childcare sites, reflecting the recent increase in demand for land of this nature. MMJ […]

MMJ Wollongong Celebrates The KidzWish 10th Annual Charity Ball

2013 Kidzwish Charity Ball

Over 800 business people gathered together to help raise much needed funds for sick, disabled and disadvantaged children of the Illawarra. The WIN Entertainment Centre was transformed into a glamorous extravaganza on November 22,for the 10th Annual KidzWish Charity Ball. MMJ Wollongong again continued its support for this wonderful event by not only purchasing a […]

Tim Heaton Accredited NABERS assessor.

Nabers Accredited Assessor symbol_RGB - use for digital

Tim Heaton, Director of Valuations at MMJ Real Estate Canberra is now an accredited NABERS assessor for offices, adding more value to the already diverse umbrella of services within the MMJ group. What is NABERS? NABERS is a national rating system that measures the environmental performance of Australian buildings and tenancies. Put simply, NABERS measures […]

Amaroo Development Draws Strong Interest

Amaroo Centre

Next Wednesday (27th November) MMJ Canberra will put to auction 4 premium residential and mixed use development opportunities plus a childcare development site on behalf of the ACT Land Development Agency (LDA). These opportunities are located in the Amaroo Group Centre, situated in Gungahlin, Canberra’s fastest growing region with a current population close to 50,000. It […]

Anita’s Theatre sold to ‘perfect buyer’.

Anitas Theatre Thirroul

A buyer from Sydney with a ‘‘vested interest in theatre’’ is the new owner of Anita’s Theatre in Thirroul. The property sold on Thursday for $1.4million – $350,000 more than its last sale price in 2011. It was sold by Travis Machan at MMJ Wollongong, who said the new owners planned to continue running the […]