RETIREMENT VILLAGE PLANNED FOR $6 MILLION MAROOCHYDORE SITE

RETIREMENT VILLAGE PLANNED FOR $6 MILLION MAROOCHYDORE SITE

AURA Australia Management has purchased a 9,154sqm site in Maroochydore for $6 million to build an apartment-style retirement village as it continues its plan to build an 800-dwelling portfolio on the eastern seaboard of Australia.

The vacant corner site at Anzac Avenue and Baden Powell Street Site has council approval for 123 apartments with...

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OREANA WINS GOLDEN PUNT WITH ASCOT DEVELOPMENT

OREANA WINS GOLDEN PUNT WITH ASCOT DEVELOPMENT

THE OREANA Property Group has bought the last slice of ISPT's Pakenham Racecourse development in Melbourne for $7 million, following a heated expressions of interest campaign. Oreana secured the 25.48 hectare Ascot Central site in the sale, a development consisting of 475 residential lots. Ascot Central forms a primary hub for the...

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BUYER SPENDS $14 MILLION IN SINGLE TRANSACTION AT LUXURY NEWSTEAD APARTMENTS

BUYER SPENDS $14 MILLION IN SINGLE TRANSACTION AT LUXURY NEWSTEAD APARTMENTS

A BUYER has purchased $14 million worth of property in a single transaction at Kokoda Property's $119 million Ella development in Newstead, Brisbane.

This purchase follows the project launch in late November, when $22 million in sales was transacted at the development.

The $14 million buyer purchased a complete floor, plus three additi...

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US PROPERTY GIANT SNAPS UP BRISBANE'S IBM BUILDING

US PROPERTY GIANT SNAPS UP BRISBANE'S IBM BUILDING

US PROPERTY group, Hine has purchased the prominent IBM tower overlooking 348 Edward St, King Edward Park for $49 million.

The deal was struck at an equivalent yield of 8.53 per cent and was negotiated by CBRE's Bruce Baker, Flint Davidson and Tom Phipps on behalf of private Brisbane-based company, Harburg Investments.

CBRE's David...

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MELBOURNE GROUND FLOOR SHOP SELLS FOR $4.71 MILLION

MELBOURNE GROUND FLOOR SHOP SELLS FOR $4.71 MILLION

CHINESE property developer Hengyi has sold the home of a popular Melbourne café for $4.71 million marking the largest ground floor shop sale in the CBD for 2016.

The 518 Little Bourke Street property, which is leased to Little Billy Café on a 10-year term, forms part of Hengyi's William Court portfolio - listed for sale...

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