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News
Ralph D’Silva Motor Group lists Preston car yard
10+ hour, 2+ min ago (454+ words) The Ralph D’Silva Motor Group is selling 572-582 High St, Preston. A well-known automotive dealership group is looking to key in a mid-$3m sale for a prominent site in Melbourne’s north. The Ralph D’Silva Motor Group has put their car display…...
Singapore’s GIC swoops on Sydney office tower in $450m deal
1+ day, 19+ hour ago (561+ words) ICPF has sold 1 Market Street in Sydney. Singaporean sovereign wealth fund GIC has bet big on the office market recovery, swooping on a Sydney tower on Market Street in a $450m deal. The counter-cyclic play for 1 Market Street is being handled…...
Long-time Cheltenham funeral home listed for $3m sale
1+ day, 12+ hour ago (346+ words) A long-time Cheltenham funeral home leased to Tobin Brothers has hit the market with early $3m hopes and a potentially very different future. A Cheltenham funeral home could one day have children arriving for daycare instead, after its owners listed the…...
Blue-chip Boral lease draws strong interest
2+ day, 40+ min ago (365+ words) No.6-16 Austral Pl, Derwent Park. Picture: Supplied A significant freehold investment holding in the Derwent Park’s industrial precinct has attracted a wave of investor interest within days of hitting the market. Selling agent Joe McDevitt of McDevitt Property said the…...
Why residents are fighting to save a shop they don’t use
2+ day, 10+ hour ago (881+ words) Last month, residents of a neighbourhood in northwest Atlanta, GA rallied against plans led by a local developer to replace a Buy Low grocery store with a self-storage facility. The Buy Low, off James Jackson Parkway, has been around for…...
Dustin Martin, Ralph Carr offload Melbourne investment
2+ day, 10+ hour ago (469+ words) A consortium including AFL great Dustin Martin and his former manager Ralph Carr have sold 297 Victoria St, Abbotsford. Richmond legend Dustin Martin and his ex-manager, convicted rapist Ralph Carr, have offloaded an Abbotsford property for $185,000 more than they originally paid…...
Camden’s Crown Hotel sells for $24 million in major off-market deal
2+ day, 19+ hour ago (358+ words) The Crown Hotel in Sydney’s Camden has sold for around $24m. Demonstrating the strength of the regional hotel market, a popular local, The Crown Hotel in the southwestern Sydney suburb of Camden, has sold to a private investor for around $24m in…...
Private investor acquires Beaumont Tiles-anchored Newstead site for $27.5 million
2+ day, 19+ hour ago (403+ words) A Queensland investor has paid $27.5m for a fully leased Newstead retail precinct. A Queensland investor has paid $27.5m for a fully leased Brisbane retail precinct, underscoring fierce demand for large-format retail assets near the CBD. The fully leased 3,397 sqm precinct, sold…...
$1,350 hit: Aussies’ shock penalty for 30-minute power surge
2+ day, 22+ hour ago (634+ words) Demand charge surges have been blamed for shocking electricity bills. Picture: Mark Stewart A single 30-minute power surge on a hot afternoon can trigger a shock $1,350 electricity bill penalty – even without more kilowatt-hours than last month, a shock report warned....
Art dealers snap up ‘Kensington Palace’ for $12m
3+ day, 6+ hour ago (552+ words) 12 Todman Ave, Kensington has sold to art dealers Gary Singer and Geoffrey Smith of Smith & Singer in Woollahra. Art dealers Gary Singer and Geoffrey Smith have snapped up ‘Kensington Palace’ — the home of Menzies Art Brands — for $12m and listed their…...