RECENT COMMERCIAL SALES-January 2015

JANUARY 2015
60 AIREDALE STREET, CBD
441m² land, 2,300m² building, $332,600 rental – part vacant
Sold for $6,000,000 or 5.5% or $2,609/m² building


68 SALE STREET, CBD
1,381m² land, 2654m² buildings, $263,084 rental – part vacant
Sold for $6,100,000 or 4.31% or $2,298/m² buildin

35 STATION ROAD, PENROSE

811m² land, 551m² building, $88,600 rental

Sold for $1,425,000 or 6.25% or $2,436/m² building


26 MONMOUTH STREET, GREY LYNN
333m² land, 585m² building, $22,800 rental – part vacant
Sold for $1,905,000 or $3,256/m² building


597 NEW NORTH ROAD, KINGSLAND
1,378m² land, 1,200m² building, $180,000 rental – 15 months remaining
Sold for $3,200,000 or $2,322/m² land or 5.6%

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339 PARNELL ROAD, PARNELL
497m² land, 272m² building
Sold for $3,160,000 or $6,358/m² land


210 BALMORAL ROAD, BALMORAL
612m² land, 12 room boarding house, $135,960 gross income
Sold for $1,211,000 or $1,979/m² land
304-328 QUEEN STREET, CBD
3,058m² land, historical theatre component
Sold for $34,500,000 or $11,289/m² land

(Cam Paterson)

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