A private commercial developer has purchased a 1.1-hectare landholding in the growing O'Connor industrial area in Perth for $4.18 million with plans to build industrial units.
The property includes three lots at 3, 7 and 9 Murphy Street, close to Leach Highway.
The property features a 4600sq m older-style workshop and secure hardstand.
Knight Frank's Scott Bailey brokered the deal.
Private investors have traded a premium childcare centre with a 20-year lease with options in Mickleham, Melbourne for $6.35 million.
The 140-spaces long day care property at 459 Brookfield Boulevard is leased to Nino Early Learning at a net annual rent of $420,000.
The 895sq m building sits on a 2933sq m site and was sold at a net yield of 6.6 per cent.
CBRE's Sandro Peluso, Josh Twelftree and Jimmy Tat handled discussions.
Private investors have exchanged a Richmond office building in Melbourne for $7 million at a 2.99 per cent yield at auction.
The property at 501 Church Street has development upside and is situated in an area with low office vacancy at less than 5 per cent.
The two-level 645sq m commercial property comes with a showroom and 12 car spaces on the ground floor and an office on the first floor.
It is on a 502sq m site and leased to two tenants at an annual rent of $210,186.
Teska Carson's Michael Taylor and Matthew Feld promoted the property.
A property anchored by one of Adelaide's Prices Fresh bakeries at 544-546 Port Road, Allenby Gardens has been snapped up for $1.7 million.
The property sold at 5.9 per cent at auction, managed by Savills' Steve Bobridge and Rob Williamson.
A private investor acquired the 1672sq m property with future development upside.
An overseas investor has paid $7.8 million for a retail property at 187 Settlement Road in Melbourne's Thomastown at a 6.7 per cent net yield.
The property comprises a 7026sq m showroom on a 1.2-hectare site. It is leased to furniture retailer Gainsville for 10 years at a net annual rent of $524,233.
Savills' Clinton Baxter, Jesse Radisich and Benson Zhou brokered the deal.
A Gold Coast investor has purchased an office property leased to oOh! Media and East Coast Car Rentals in Tugun near the Gold Coast airport for $3 million.
The 654sq m property on a 1812sq m site at 3 Karana Street has a weighted average lease expiry of 2 years.
Colliers International's James Crawford and Tom Barnier managed the expressions of interest campaign.
Private investors have traded a factory at 19 Vore Street in Silverwater in Sydney's west for $1.62 million.
The 320sq m property on a 445sq m site has a 7-metre clearance, a motorised roller shutter door and refurbished offices.
CBRE's Robert Dowdy marketed the deal.
A 1240sq m industrial property at 8-10 Wadhurst Drive, Boronia in Melbourne has sold for $2.23 million.
The property, which has B-grade offices, sits on a 2505sq m site.
Colliers International's Richard Wilkinson and Jonathan Mercuri sold the property.