News

Market Update July – September 2018

Strong volume as average leasing rates rise. The first quarter of the financial year was particularly busy in the sub 600m2 factory range which continued the trend of the last 12 months. Sub 600m2 transactions accounted for 84% and 71% of the sales and leasing factory market respectively. Average leasing rates pushed past the $90 per m2…Read More→

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The card’s in the mail and so is the cheque

CREDIT: Commercialrealestate & Simon Johanson  | 27 June 2018 The card’s in the mail and so is the cheque.   Cameron’s Angus Clark and Ivo Redmond sold Biscay Greeting Cards’ 7830 square metre warehouse at 108 Logis Boulevard to a local owner-occupier for an unprecedented $12 million. “This buoyant south east industrial market truly does speak…Read More→

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$2.36m sale: Dandenong church destined for development

CREDIT: Real Commercial & Charlotte Durut | 27 APRIL 2018   A former church building at 11-21 Walker St, Dandenong, has sold for $2.36 million. A former church in Dandenong has sold for $230,000 above reserve to a developer-investor, who swept past four other bidders to snatch up the property for $2.36 million. The site of…Read More→

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Market Update January – March 2018

A Steady Start To 2018  Following a slower than normal start to the year the pace quickened throughout the quarter culminating in 163 transactions which could best be described as a steady start to 2018. Sales activity was solid accounting for 55% of all transactions, this as a metric points to an extremely strong buying…Read More→

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Dandenong church drop-in centre could be snatched up by developers

A CHURCH in Dandenong which operated for 25 years as a shelter for homeless people and those in need could soon be in the hands of developers.Believed to be built in 1957, the former Church of Christ building at 11-21 Walker St is already surrounded by towering city buildings on its 1234sq m corner block.It has been…Read More→

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Market Update July 2016 – June 2017

Exceptional 12 months with Strong Demand Across Most Asset Classes The financial year closed at the same fast pace it commenced buoyed by increasing activity from investors, owner occupiers and tenants alike. The demand for Melbourne’s Eastern corridor continues to expand primarily driven by connectivity and quality development. Successful businesses supported by a strong localised…Read More→

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