SCA PROPERTY GROUP BUYS THIRD GOLD COAST SHOPPING CENTRE FOR $46 MILLION

SCA PROPERTY GROUP BUYS THIRD GOLD COAST SHOPPING CENTRE FOR $46 MILLION

SCA Property Group has acquired the Worongary Town Centre for $46.3 million, bringing the total number of Gold Coast centres owned by the group to three. The sale, brokered by Peter Tyson and Jon Tyson of Savills, reflected a yield of six per cent and generated over 200 buyer enquiries. Featuring 42 retail, medical and office tenancie...

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QUICK TURNAROUND FOR $20 MILLION OFFICE IN MELBOURNE OUTER-EAST

QUICK TURNAROUND FOR $20 MILLION OFFICE IN MELBOURNE OUTER-EAST

AN office building in Melbourne's outer eastern suburb of Mount Waverley has sold for $20.5 million just two years after it was last acquired.

A private local investor purchased the standalone office building from United Investment Management (UIM) which was acquired by UIM in 2015.

The office, located at 17-21 Hardner Road, is securel...

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ADELAIDE APARTMENT BREAKS OFF-THE-PLAN RECORD WITH $3M SALE

ADELAIDE APARTMENT BREAKS OFF-THE-PLAN RECORD WITH $3M SALE

AN apartment in 'The Adelaidean' residential development in Adelaide has sold for more than $3 million, which is a record off-the-plan purchase in the South Australian capital.

The apartment, designed by Brown Falconer, is the amalgamation of two apartments on sub-penthouse level 34 in 'The Adelaidean' building on Frome Street...

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CHINESE INVESTORS SNAP UP BRIGHTON HOTEL FOR $15.8 MILLION

CHINESE INVESTORS SNAP UP BRIGHTON HOTEL FOR $15.8 MILLION

BRIGHTON'S Marine Hotel has sold for $15.8 million, following a heated sales campaign proving that Chinese appetite within Melbourne's real estate hotspots is still strong.

The Marine Hotel, located in the bayside suburb of Brighton, sold to a mainland Chinese investor and boasts 20 years of additional options remaining on the current...

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VILLA WORLD'S VICTORIAN EXPANSION CONTINUES WITH $44 MILLION MELBOURNE LAND ACQUISITIONS

VILLA WORLD'S VICTORIAN EXPANSION CONTINUES WITH $44 MILLION MELBOURNE LAND ACQUISITIONS

PROPERTY developers Villa World (ASX: VLW) has expanded its footprint in Victoria with $44 million in land acquisitions in Melbourne's north-west growth corridor.

The acquisitions are part of Villa World's "Precinct Structure Plans" for the Plumpton region which will create more than 500 lots targeted at first home buyers an...

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