TradedAU

HAPPY NEW YEAR! From the team at #TradedAU we would like to wish you and your family a Happy, Healthy #NewYear and on to a #massive #2025 for the Australian Property Community. Here's a snapshot of 2024 from the TradedAU Desk: Transaction Volume: ~$14,370,000,000 Average Transaction Value: $13,000,000 Transactions by State: #NSW - 35%, #VIC - 32%, #QLD - 20%, #WA - 6%, #SA - 5%, #TAS, #NT, #ACT - >1% Largest Transaction: $900,000,000 (Lachlan MacGillivray, Colliers) Most Featured Agencies: JLL, CBRE Asia Pacific, Stonebridge Property Group, Knight Frank Australia, Cushman & Wakefield Most Featured Agents: James Douglas, Simon Rooney, Nick Willis, Sam Hatcher, Carl Molony, Justin Dowers, Jonathan Vaughan, Daniel Wolman, Oliver Hay, Leon Ma, James Wilson, Harry Bui, Marcello Caspani-Muto, Sandro Peluso, Jimmy Tat, Tas Costi Some thoughts about 2025: 2025 is poised to be a year where the commercial and industrial property markets see a multi-speed recovery. Industrial properties are expected to continue their robust growth, retail shows signs of significant revival, and the office market will likely see a widening gap between prime and secondary assets. Investment in well-located, high-quality assets across these sectors could yield strong returns as the market conditions improve. Are we right? Please add your predictions in the #comments. We look forward to publishing many of your deals next year. Please reach out via the page to submit transactions for publication. #shoppingcenter #residentialproperty #healthcare #residentialrealestate #residentialinvestment #industrial #agedcare #industrialproperty #warehouse #warehouseproject #office #showroom #cre #fintech #officebuildings #officeinvestment #hotels #hospitality #accomodation #hotelinvestment #retail #retailinvestment #officebuilding #realestate #property #tradedau #transactions #developmentsite #development #propertyinvestment #propertydeveloper #propertydevelopment #propertyfinance #land #investment #landbank #cre #commercialrealestate #commercialproperty #retailproperty #retailrealestate #australia #australianpropertymarket #australianproperty #australianrealestate #asiapacific CapStack

SALE IMAGE: Travis Hurst, Robert Papaleo, Thomas Blencowe, Rob Joyes, Ian Sanders ADDRESS: 10 Atkins Street, North Bendigo, VIC 3550 MARKET: Bendigo ASSET TYPE: Healthcare/Residential SELLER: MORRISON BUYER: Social infrastructure investor AGENTS: Travis Hurst, Robert Papaleo, Thomas Blencowe, Rob Joyes, Ian Sanders; Colliers SALE PRICE: $35,000,000* LAND SIZE: 7,971 sqm BUILDING SIZE: 5,460 sqm LAND SALE RATE: $4,391/sqm* BUILDING SALE RATE: $6,410/sqm* *Estimated NOTES: "Colliers as exclusive agents on behalf of Morrison is delighted to announce the successful transaction of 10 Atkins Street, North Bendigo. Following an active Expression of Interest campaign targeting a diversified profile of buyers including private investors, listed residential funds, listed healthcare funds, listed social infrastructure funds and high profile syndicators, the Fully Leased Long WALE asset has been sold to an undisclosed social infrastructure investor..." (source: Colliers) #bendigo #victoria #victoriarealestate #victoriaproperty #melbournefinance #melbournebusiness #melbournemortgagebroker #shoppingcenter #residentialproperty #healthcare #residentialrealestate #residentialinvestment #industrial #agedcare #industrialproperty #warehouse #warehouseproject #office #showroom #cre #fintech #officebuildings #officeinvestment #hotels #hospitality #accomodation #hotelinvestment #retail #retailinvestment #officebuilding #realestate #property #tradedau #transactions #developmentsite #development #propertyinvestment #propertydeveloper #propertydevelopment #propertyfinance #land #investment #landbank #cre #commercialrealestate #commercialproperty #retailproperty #retailrealestate #australia #australianpropertymarket #australianproperty #australianrealestate #asiapacific CapStack TradedAU

SALE IMAGE: James Wilson, Wayne Lawrence ADDRESS: Joondalup Square -  3 Sundew Rise, Joondalup WA 6027 MARKET:  Joondalup, 26km north of the Perth CBD ASSET TYPE: Large Format Retail Shopping Centre TENANTS: Amart Furniture, Forty Winks, Beacon Lighting, Bedshed, Trek, Anytime Fitness, PetO Australia, Barbeques Galore Pty Ltd Galore. SELLER: Arise Developments (WA) Pty Ltd BUYER: Barings  AGENTS: James Wilson; Colliers, Wayne Lawrence; Cygnet West SALE PRICE: $74,000,000 BUILDING SIZE: 13,216sqm  BUILDING SALE RATE: $5,599/sqm LAND SIZE: 27,598sqm LAND SALE RATE: $2,681/sqm NOTES: The property comprises three freestanding buildings and includes 352 car park spaces. The property is strategically location and is integrated with Bunnings. he centre is 100% leased and has a WALE of 6.1 years. Gareth Price, Managing Director, Capital Transactions at Barings: “We are delighted to acquire our first high-quality large format retail asset in Perth in the heart of the Joondalup retail precinct. We are attracted to the industrial-like characteristics of large land area, great access and visibility, buildings not over capitalised, quality tenants paying sustainable rent, and additional development potential.” James King, Senior Director, Portfolio Management at Barings: “We are pleased to achieve this important milestone for our investors of the Strategy being fully invested. As a relatively sector agnostic investor, in the current market dynamics, we are continuing to see relative value opportunities across the major markets that our successor value add strategy will seek to take advantage of in 2025.” Wayne Lawrence, Partner at Cygnet West: “It is an absolute thrill to be capping off 2024 with the largest national Large Format Retail Centre transaction of the year.” James Wilson, Head of Retail Middle Markets – Australia, Colliers: "Joondalup Square was the first metropolitan LFR Centre sold in 2024, as reflected by over $700 million in value of unsatisfied capital targeting the tightly held retail sub-sector.” [Barings.com] #realestate #property #tradedau #cbd #perth #WA #LFR #largeformatretail #hotel #hospitality #developmentsite #retail #shoppingcentre #logistics #shoppingcentre #supermarket #retail #housing #housingestate #retail #transactions #propertydeals #transactions #development #land #investment #landbank #cre #commercialproperty #hotels #hotelinvestment #hoteldevelopment #commercialrealestate #office #officespace #officebuildings #studentaccomodation #capitalmarkets #childcare #sales #acquisitions #buildtorent #logistics #propertymarket #finance #propertyfinance #propertynews #warehouse #industrial #shoppingcenters #shopping #syndicate #propertyfund #shoppingcenter #finance #propertyfinance #fundmanager #funds #factory #warehouse #deals #transactions #funds #fundmanager #reit 

SALE IMAGE: Sam Hatcher, Nick Willis, Carl Molony, Justin Dowers ADDRESS: Cranbourne Park, 125 High Street, Cranbourne, VIC 3977 MARKET: Melbourne's Southeast ASSET TYPE: Shopping Centre SELLER: ISPT BUYER: IP Generation AGENTS: Sam Hatcher, Nick Willis, Carl Molony, Justin Dowers; JLL, Stonebridge Property Group TENANTS: ANZ, Auspost, Best&Less, Bonds, Chemist Warehouse, Coles Group, Commonwealth Bank, Cotton On Group, DECJUBA, Flight Centre, Foot Locker, Harris Scarfe Australia Pty Ltd, JB Hi-Fi, Kmart Australia Limited, NAB, Optus, Oscar Wylee, Smiggle, Target Australia, Telstra, vodaphone, Westpac among others SALE PRICE: $126,500,000 (50% stake) LAND SIZE: 7.51 ha BUILDING SIZE: 46,279 sqm LAND SALE RATE: $1,684/sqm BUILDING SALE RATE: $2,733/sqm NOTES: "JLL in conjunction with Stonebridge is pleased to announce the successful sale of ISPT's 50% stake in Cranbourne Park Shopping Centre, Victoria's largest retail transaction in 2024. Cranbourne Park, a dominant Sub-Regional Shopping Centre, boasts a secure income profile, underpinned by 92% national retailers. The centre is strategically positioned to capture growth from the southeastern corridor and has undergone significant transformation including a $113 million expansion and revitalisation in 2015. The sale follows a widely successful on-market campaign which gained significant attention and enquiry from a range of capital sources, highlighting the ongoing demand retail, particularly Sub-Regional centres. JLL congratulates ISPT, IP Generation and all parties involved in this significant transaction..." (source: JLL) #cranbourne #magpies #melbourne #melbournerealestate #melbourneproperty #melbournefinance #melbournebusiness #melbournemortgagebroker #shoppingcenter #residentialproperty #childcare #residentialrealestate #residentialinvestment #industrial #agedcare #industrialproperty #warehouse #warehouseproject #office #showroom #cre #fintech #officebuildings #officeinvestment #hotels #hospitality #accomodation #hotelinvestment #retail #retailinvestment #officebuilding #realestate #property #tradedau #transactions #developmentsite #development #propertyinvestment #propertydeveloper #propertydevelopment #propertyfinance #land #investment #landbank #cre #commercialrealestate #commercialproperty #retailproperty #retailrealestate #australia #australianpropertymarket #australianproperty #australianrealestate #asiapacific CapStack TradedAU

SALE IMAGE: Max Frohlich, Ryan Mills ADDRESS: Thebarton Square - Stirling, Anderson, Holland and Windwood Streets, Thebarton SA 5031 MARKET: Thebarton, ~2.5kms west of the Adelaide CBD ASSET TYPE: Industrial estate SELLER: KM Property Funds BUYER: Local investor AGENTS: Max Frohlich, Ryan Mills; Knight Frank SALE PRICE: $22,000,000 BUILDING SIZE: 10,714 sqm  BUILDING SALE RATE: $2,053.4/sqm LAND SIZE: 14,510sqm LAND SALE RATE: $1,516/sqm NOTES: Max Frohlich: “The asset incorporates a corporate style industrial estate consisting of 14 office/warehouse buildings with a total lettable area of 10,714 sqm, on 14,510 sqm of land, with future development potential for up to six levels envisaged under its Urban Corridor (Business) zoning. This site will benefit from significant mooted development in the area, including the proposed 1,000-home residential urban renewal project set to transform the historic 8.4-hectare former West End Brewery site into a thriving mixed-use community directly adjacent to Thebarton Square.” [via LinkedIn] #realestate #property #tradedau #cbd #adelaide #thebarton #thebartonsquare #industrialestate #hotel #hospitality #developmentsite #SA  #retail #shoppingcentre #logistics #shoppingcentre #supermarket #retail #housing #housingestate #retail #transactions #propertydeals #transactions #development #land #investment #landbank #cre #commercialproperty #hotels #hotelinvestment #hoteldevelopment #commercialrealestate #office #officespace #officebuildings #studentaccomodation #capitalmarkets #childcare #sales #acquisitions #buildtorent #logistics #propertymarket #finance #propertyfinance #propertynews #warehouse #industrial #shoppingcenters #shopping #syndicate #propertyfund #shoppingcenter #finance #propertyfinance #fundmanager #funds #factory #warehouse #deals #transactions #funds #fundmanager #reit CapStack

SALE IMAGE: Daniel O’Brien ADDRESS: The Foundry - 39 Collins Street, Alexandria, NSW 2015 MARKET: Sydney's Inner-South ASSET TYPE: Showroom/Warehouse SELLER: Undisclosed BUYER: Owner-occupier AGENTS: Daniel O'Brien; X Commercial SALE PRICE: $30,000,000* LAND SIZE: 1,977 sqm LAND SALE RATE: $15,175/sqm* *Estimated Notes: "The property, a meticulously designed warehouse conversion known as The Foundry at 39 Collins Street, Alexandria, comprises 1,977 square metres of prime commercial space. According to the Leasing advertisement online, the building offered a $4 million high-end fit-out, it has become a hallmark in the Alexandria precinct, celebrated for its creative character, premium amenities, and excellent connectivity to Green Square Train Station and surrounding hubs..." (source: The Industrialist) #syndey #sydneybusiness #sydneyrealestate #sydneyproperty #sydneypropertymarket #sydneyfinance #sydneymortgagebroker #nsw #newsouthwales #nswrealestate #nswproperty #retail #childcare #largeformatretail #shoppingcenters #shoppingcenter #apartments #residentialproperty #residentialrealestate #residentialinvestment #industrial #agedcare #industrialproperty #warehouse #warehouseproject #office #officebuildings #officeinvestment #hotelinvestment #retail #retailinvestment #officebuilding #realestate #property #tradedau #transactions #developmentsite #development #vacantland #subdivision #propertyinvestment #propertydeveloper #propertydevelopment #propertyfinance #land #investment #landbank #cre #commercialrealestate #commercialproperty #retailproperty #retailrealestate #australia #australianpropertymarket #australianproperty #australianrealestate #asiapacific CapStack TradedAU

SALE IMAGE: Ben Hyne, Mark Gilbride ADDRESS: 81 Stradbroke Street, Heathwood, QLD 4110 MARKET: Heathwood (~20km southwest of the Brisbane CBD) ASSET TYPE: Industrial SELLER: Clarence Property BUYER:  Local Owner Occupier AGENTS: Ben Hyne, Mark Gilbride; CG Property Group    SALE PRICE: $12,250,000 BUILDING SIZE: 4,500sqm BUILDING SALE RATE: $2,722.22/sqm LAND SIZE: 9,551sqm LAND SALE RATE: $1,282.58/sqm YIELD: 4.85% NOTES: The property boasts excellent exposure to the Logan Motorway and fellow industrial estate occupiers include Visy, Asahi Beverages, Amazon, Woolworths Group, Yokohama Tire Corporation and Carlton & United Breweries. #realestate #property #tradedau #cbd #brisbane #hotel #hospitality #developmentsite #qld #retail #shoppingcentre #logistics #shoppingcentre #supermarket #retail #housing #housingestate #retail #transactions #propertydeals #transactions #development #land #investment #landbank #cre #commercialproperty #hotels #hotelinvestment #hoteldevelopment #commercialrealestate #office #officespace #officebuildings #studentaccomodation #capitalmarkets #childcare #sales #acquisitions #buildtorent #logistics #propertymarket #finance #propertyfinance #propertynews #warehouse #industrial #shoppingcenters #shopping #syndicate #propertyfund #shoppingcenter #finance #propertyfinance #fundmanager #funds #factory #warehouse #deals #transactions #funds #fundmanager #reit CapStack

SALE IMAGE: Raymond Tran ADDRESS: 12 Carabella Street, Kirribilli, NSW 2061 MARKET: Sydney's Lower Northshore ASSET TYPE: Hotel/Leisure/Development site SELLER: Undisclosed BUYER: WINIM AGENTS: Raymond Tran; CBRE, CBRE Asia Pacific SALE PRICE: $22,000,000 LAND SIZE: 1,095 sqm LAND SALE RATE: $20,091/sqm KEY HIGHLIGHTS: - Trophy and blue-ribbon location of Kirribilli  - One of the largest land parcels available within Kirribilli at 1,095sqm  - Economically resilient business platform offering budget to luxury accommodation - Repositioning opportunities including residential development*, private residence* or luxury hotel operating conversion - Profitable and scaled operation affording operating efficiencies   - Sold with vacant possession and as a going concern business #syndey #northshore #sydneybusiness #sydneyrealestate #sydneyproperty #sydneypropertymarket #sydneyfinance #sydneymortgagebroker #nsw #newsouthwales #nswrealestate #nswproperty #retail #childcare #largeformatretail #shoppingcenters #shoppingcenter #apartments #residentialproperty #residentialrealestate #residentialinvestment #industrial #agedcare #industrialproperty #warehouse #warehouseproject #office #officebuildings #officeinvestment #hotelinvestment #retail #retailinvestment #officebuilding #realestate #property #tradedau #transactions #developmentsite #development #vacantland #subdivision #propertyinvestment #propertydeveloper #propertydevelopment #propertyfinance #land #investment #landbank #cre #commercialrealestate #commercialproperty #retailproperty #retailrealestate #australia #australianpropertymarket #australianproperty #australianrealestate #asiapacific CapStack TradedAU

SALE IMAGE: Stephen Grant, Will Dawson  ADDRESS: 1795 Wynnum Rd, Tingalpa QLD 4173  MARKET: Tingalpa ASSET TYPE: Shopping centre SELLER: Undisclosed BUYER:  Private Investor AGENTS: Stephen Grant, Will Dawson; The Grant Group   SALE PRICE: $13,000,000 LAND SIZE: 5,089 sqm LAND SALE RATE: $2,554/sqm BUILDING SIZE: 1,265 sqm BUILDING SALE RATE: $10,276/sqm NET YIELD: 5.76% NOTES: The asset consists of two separate buildings, forming a total of 1,265 sqm of NLA on a 5,086 sqm parcel of land with 53 car parks. The property provides multiple income streams, a 3.56 year WALE, and is anchored by Chemist Warehouse alongside BWS, Swimart and a Medical Centre. #realestate #property #tradedau #cbd #brisbane #hotel #hospitality #developmentsite #qld #retail #shoppingcentre #logistics #shoppingcentre #supermarket #retail #housing #housingestate #retail #transactions #propertydeals #transactions #development #land #investment #landbank #cre #commercialproperty #hotels #hotelinvestment #hoteldevelopment #commercialrealestate #office #officespace #officebuildings #studentaccomodation #capitalmarkets #childcare #sales #acquisitions #buildtorent #logistics #propertymarket #finance #propertyfinance #propertynews #warehouse #industrial #shoppingcenters #shopping #syndicate #propertyfund #shoppingcenter #finance #propertyfinance #fundmanager #funds #factory #warehouse #deals #transactions #funds #fundmanager #reit CapStack

SALE IMAGE: Jake Burrowes, Liam Petersen, Ben McGrath ADDRESS: 336-354 Chambers Flat Road, Logan Reserve, QLD 4133 MARKET: Logan ASSET TYPE: Infill development site SELLER: Undisclosed BUYER:  Local developer AGENTS: Jake Burrowes, Liam Petersen; JLL, Ben McGrath; Brio Property Group  SALE PRICE:  $21,275,000 (+GST) LAND SIZE: 72,000sqm LAND SALE RATE: $295/sqm NOTES: The site is zoned for Low Density Residential (small lot precinct) that permits a density of 33 equivalent dwelling per hectare and provides for a variety of allowable uses including house and land, townhouses, retirement and modular home estates.  Jake Burrows: “The sites performance on the open market continues to demonstrate the demand and underlying value for well located, readily developable residential sites of scale within SEQ.” #realestate #property #tradedau #cbd #brisbane #land #hospitality #developmentsite #qld #retail #landbank #housing #resi #shoppingcentre #logistics #shoppingcentre #supermarket #retail #housing #housingestate #retail #transactions #propertydeals #transactions #development #land #investment #landbank #cre #commercialproperty #hotels #hotelinvestment #hoteldevelopment #commercialrealestate #office #officespace #officebuildings #studentaccomodation #capitalmarkets #childcare #sales #acquisitions #buildtorent #logistics #propertymarket #finance #propertyfinance #propertynews #warehouse #industrial #shoppingcenters #shopping #syndicate #propertyfund #shoppingcenter #finance #propertyfinance #fundmanager #funds #factory #warehouse #deals #transactions #funds #fundmanager #reit CapStack