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Articles from Industrial
Super funds seek Super Cheap Auto site
Situated at 643-645 High Street Road, Glen Waverley, the property is understood have attracted interest primarily from private superannuation funds seeking a passive income stream with upside.A fully-leased corner property in Glen Waverley, Victoria, has been sold under the hammer by agents of Fitzroys.

Surge in South Sydney
Sales over the three months to December 2009 totalled over $76.2 million, an increase from the $49 million recorded in September 2009, though not reaching the $138.1 million recorded in June 2009.The latest research from Cityscope regarding sales in South Sydney’s major commercial centres has found the market rising again, repeating the pattern of previous quarters.

Under the hammer in Everton Hills
Image originally from Commercialrealestate.com.auAn office and warehouse property in Everton Hills, Queensland, has been sold at auction by agents of Raine & Horne Commercial.

Burnside showroom sold
Unit 4 at 118-120 Westwood Drive, Burnside, is a large open plan industrial showroom located at the end of a small industrial estate.An industrial unit in Burnside, Victoria, has been sold at auction with vacant possession by agents of Gross Waddell.

New in Carrum Downs
Built by Elite Property Group at 39 Colemans Road, Carrum Downs, the property is located on a corner site in the Parks Industrial Estate.A brand new office and warehouse project in Carrum Downs, Victoria, is being marketed for sale or lease by agents of Crabtrees Real Estate.

St Peters site smashes reserve
Covering two interconnected lots at 44-46 Princes Highway and 3 Barwon Park Road, St Peters, the property comprised of a two to four storey building, offered with vacant possession and believed to have been previously used as a furniture factory outlet.An industrial warehouse property in St Peters, New South Wales, has been sold under the hammer by agents of Richardson & Wrench for a price significantly above the reserve.

Bids in Braeside
The property at 6-8 Hall Street, Braeside, was expected to appeal to manufacturers and attract offers around $1.1 million.An industrial property in Braeside, Victoria, has been sold after auction to an owner-occupier by agents of Crabtrees Real Estate.

Macquarie Park market slows
Sales over the three months to December 2009 totalled over $27.2 million, a decrease from the $42.9 million recorded in September 2009 and the $27.6 million recorded in June 2009.The latest research from Cityscope regarding sales in Macquarie Park’s major commercial centres has found the market to sliding back down from the upward trend recorded in the the previous quarters.

Deal made in Law Court
The building at 8 Law Court, Sunshine, was sold subject to a lease to Hammelmann Australia for seven years, backed by a six month bank guarantee and annual 4% increases.An office and warehouse property in Sunshine, Victoria, has been sold after auction by agents of CVA Property Consultants.

Strata sought in ACT
The two 5000 sqm blocks are each to be developed in to five strata units designed to cater for local business needsWalker Corporation has sold two blocks in Monaro Industrial Park, Canberra, to developers looking to offer smaller scale strata industrial units.

Ballarat industrial sites auctioned
The vacant lots 3, 4, 5 and 6 at 618 Sturt Street, Ballarat, were sold with Industrial 1 zoning already in place.Four industrial development sites in Ballarat, Victoria, have been sold at auction by agents of Colliers International. 

New deals in North Melbourne
Vantex is understood to have been acquired by US giant Ingram Micro as part of its strategies to expand its global presence.A retail point-of-sale distributor is planning a relocation following its recent acquisition and has sold two of its North Melbourne properties through agents of ICR Property Group.

Brisbane market to recover
While 2009 has found to have been a challenging year for Brisbane commercial property by agents of Jones Lang La Salle, activity at the close of the year exceeded most expectations held at the beginning, with signs of the emerging recovery set to gain momentum in 2010.

Indicator of industrial increases
A Melbourne-based private investor purchased the property at 40 Buys Court, Derrimut, which was constructed by its vendor, developer Nikstan Constructions.The purchase of an office and warehouse in Derrimut, Victoria, is an indicator of the industrial market picking up, according to agents of Savills.

Service stations sold
A number of private investors are understood to have purchased the Caltex service-stations located in Seven Hills, Belrose, Innisfail and Dural.A portfolio of four Woolworths service stations with new leases have been sold at auction by agents of Burgess Rawson.

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