Calendar

May 2012
M T W T F S S
« Apr    
 123456
78910111213
14151617181920
21222324252627
28293031  

Major Industrial Development Sites in Truganina Expected to Fetch $12 Million

Thumbnail

RECEIVERS for the owners of a versatile 555-hectare Truganina property, the largest asset measured by area to hit the market last year, are selling down the property in smaller chunks. After failing to sell for a total $100 million in separate campaigns in 2010, and 2011, four industrial development sites, each measuring about 42 hectares are now for sale, in a campaign being managed by Biggin Scott Commercial’s Andrew Egan and Frank Nagle. Accessed via Hopkins Road, the blocks are expected to sell for about $3 million each. [...]

Car Park Near Melbourne Airport Sells For $8 Million

Thumbnail

RECEIVERS KordaMentha have recovered just over $8 million from the sale of a multi-level car park near Melbourne Airport. The four-level commercial complex at 5 South Centre Road (pictured, right) and near the junction of Keilor Park Drive and Sharps Road, sits on a 5217 square metre block and includes about 650 car spaces within 20,000 square metres of enclosed area. Based on the sale price, each car park bays sold for about $12,300. [...]