76 Garden Street, Geelong
Geelong investors paid $1.46 million for the vacant 428sqm site, which has a single-level 250sqm building and on-site parking.
Shop 2, 190 Bay Street, Port Melbourne
The 182sqm vacant ground floor strata shop sold for $1.88 million.
Shop 45, Royal Arcade, 335 Bourke Street, Melbourne
Women’s fashion label Tanzie Adler inked a 3+3-year lease for the 15sqm space at $51,500pa gross.
329-331 Clarendon Street, South Melbourne
An Indonesian restaurant operator signed a 5+5-year lease for the 200sqm fitted space at $80,000pa.
178 Chapel Street, Windsor
Oasis Bakery leased the 73sqm shop for 5 years at $62,000pa gross.
Level 3, 2-4 Ross Place, South Melbourne
Private investors traded the whole strata floor of 360sqm for $2.65 million, at a 6.1% yield.
Level 1, 313 Flinders Lane, Melbourne
The vacant 180sqm strata whole floor sold for $1.41 million.
329 Queensberry Street, North Melbourne
The vacant 2-level brick office building of 240sqm, on a 118sqm site, sold for $1.4 million.
2 Luton Lane, Hawthorn
Swinburne University signed a 5-year deal over the whole 5,660sqm building, which includes 182 parking spaces, at $510/sqm.
25 Darby Way, Dandenong South
The 1,950sqm building, on a 3,141sqm site, sold for $3.66 million with a lease to Trellborg Wheels returning $181,066pa net.
10 Ponting Street, Williamstown
An owner occupier paid $3.375 million for the 4,427sqm block, which is zoned Industrial 1 and has a 2,109sqm vacant office, showroom and warehouse building.
54-58 Lipton Drive, Thomastown
Victoria Farm House Food Service sold its food warehouse and cold storage facility to another owner occupier for $2.25 million.
1 Hall Street, Hawthorn East
German shop fixtures and shelving manufacturing giant Wanzl is moving its Australian headquarters to the 540sqm office and warehouse facility, signing a 5-year lease at $128,750pa plus outgoings and GST with 3% annual increases. The building is part of a larger site that Cadence Property Group recently acquired for $6 million.
16 Naxos Way, Keysborough
Rubber manufacturer Envirorubber leased the 533sqm office and warehouse for 5 years at $73,000pa net.
Units 1-3, 212-220 Clayton Road, Clayton
The 529sqm strata medical asset in the Monash Specialist Medical Centre sold for $4.465 million, at a 5.71% yield and is occupied by MIA Radiology.