| Commercial |
 |
Property Type: Commercial
Location: 525 Lonsdale Street – Melbourne
Purchase price: Purchased on behalf of Barristers Chambers Ltd for $54M |
|
Property Type: Hotel.
Location: Broadford, Victoria.
Purchase price: Private
Yield: 9%+
Notes: Strong provincial town only 73kms from Melbourne. Investment only. Simple management with rent paid monthly into bank account. Strong lease in place with future upside. |
|
Property Type: Motel.
Location: Launceston, Tasmania.
Purchase price: Private
Yield: 9.5%+
Notes: A classic structure with exciting internal character through grand old style rooms and modern converted stables suites. All rooms have ensuites and Chesterfield couch and writing desk. |
|
Property Type: Office.
Location: Hobart, Tasmania.
Purchase price: $29M
Yield: 9.1%
Notes: Strong lease in place with a government tenant (15 years). The Tasmanian Services Building recently renovated throughout so has substantial depreciation benefits. |
|
Property Type: Office.
Location: Rockhampton, Queensland.
Purchase price: Private
Yield: 8%+
Notes: One of the most beautiful buildings in the state. Long lease to old law firm. Overlooking the Fitzroy river and situated in the CBD with subdivision possibilities. |
|
Property Type: Hotel / Development Site
Location: Ballarat, Victoria.
Purchase price: Private
Yield: 9.5%+
Notes: Great location with 20 year lease in place with fixed CPI increases and market reviews. High land value listed as multi-use on a prominent corner position. |
|
Property Type: Retail shops.
Location: Townsville.
Purchase price: $1.45M
Yield: 10%+
Notes: A boom town with great demand for office space. An excellent position with a flexible internal layout to transform one of the retail tenancies into office space. |
| Auction bidding |
|
Property Type: Residential apartment.
Location: Hawthorn.
Purchase price: $615,000
Notes: Luxury 2 bedroom apartment overlooking park and river. Security entrance, top floor (4th) with 2 bathrooms and 2 side by side basement car parks |
| Commercial syndications |
|
Property Type: Service station.
Location: Hampton Park, Victoria.
Purchase price: $4.1M
Yield: 8%
Notes: One of the best performing service stations in Mobil’s portfolio. A syndication of 8 members with long lease. Structured to be APRA approved so super funds could invest and allows non-recourse finance from the NAB to 65%. |
|
Property Type: Motel
Location: Traralgon, Victoria.
Purchase price: $1.78M
Yield: 9%+
Notes: Strong provincial town. Excellent 30 year lease in place. Two titles with ability to build an additional 10-12 units on small lot. Total of 60 metres frontage to main street. Situated on a valuable piece of land zoned Business 4. |
| Property development |
|
Property Type: Property development
Location: Gisborne, Victoria.
Notes: Quality land subdivision within 40 minutes drive of Melbourne CBD. 37 lots of 2000 m2 on average. Purchased as broad acres $1.9M and after development or roads and services a realisation price of $6.9M. |
| Managed sale |
|
Property Type: Managed sale
Location: Hawthorn.
Notes: A Victorian 2 storey mansion set well back on large lot with 10 major rooms, pool and triple garage. A trouble-free sale was achieved with our managed sale service. Vendors protected from the problems and costs of agency. |
|
Property Type: Managed sale
Location: Canterbury, Victoria.
Price: Undisclosed
Notes: A classic period family home of 8 major rooms in sought after position. Busy vendor able to hand over all organisation of sale and we achieved desired outcome at no added cost. |