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RSL Care for Caravonica
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 Not-for-profit aged care provider RSL Care
has purchased a 32.97 ha development site in Caravonica, Queensland, in a sale
that was negotiated by Favero Property Corp.
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Maroubra beach property auctioned
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 A two-storey 40’s style apartment block of four positioned directly
opposite Maroubra Beach in New South Wales has been sold by
PRDnationwide.
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Surry Hills boarding house sold
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 A classic Victorian corner terrace currently operating as a boarding
house in Surry Hills, New South Wales, has sold at auction.
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First sale in Port Melbourne
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 CB Richard Ellis has announced the sale of the first hi-tech unit of a
Port Melbourne office showroom and warehouse development.
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Brighton has sale of the Century
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 A second-hand office property in Brighton, South Australia with a lease
to Century 21 has been sold at auction on a yield of 6.4%
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Soaring sale at Eagleby
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 A former pub that became home to one of Australia’s most iconic fashion
pieces in Eagleby, Queensland, has been sold in a deal that was
negotiated by Jones Lang LaSalle.
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Wave goodbye to Glen Waverley
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 Agents of CB Richard Ellis have sold a corner positioned operating
service station in Glen Waverley, Victoria, to an owner occupier.
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Tough times for Top 100
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 Australia’s largest home builders are experiencing tougher housing
conditions in 2007/2008 as they face a decrease in both the number of
starts and their market share.
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Tenants grip to Dunlop Road
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 Colliers International, in conjunction with CB Richard Ellis, is
marketing an office and warehouse property at Mulgrave in Melbourne’s
south-east.
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Land costs and affordability challenge market
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The production of new land throughout many regions in Australia in
2008/2009 is to be restricted by a combination of high prices for
residential land and the higher interest rates seen during 2007/2008,
according to economic forecaster and industry analyst, BIS Shrapnel.
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Three ways to help home buyers
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The Real Estate Institute of Victoria has welcomed suggestions from
Victorian Premier John Brumby that governments need to do more to
assist young Victorians to purchase their own home.
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Somerton Logistics Centre takes its Toll
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 In a deal that was negotiated by CB Richard Ellis, Toll Logistics will
anchor the $135 million Somerton Logistics Centre in what is the
largest lease in Melbourne’s northern suburbs this year.
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Colliers considers continued constructions
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 Colliers International’s survey of Townsville’s construction projects for the past 6 months shows 68 committed projects worth over $11 billion, but recent events could see some stall or be terminated.
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