Demand remains strong for high quality neighbourhood centres MELBOURNE – Stonebridge and Colliers have recently sold the high-performing Pakington Strand Shopping Centre, selling on a benchmark yield of sub-5.50 per cent. The sale was managed by Stonebridge’s Kevin Tong and Justin Dowers with Colliers’ Tim McIntosh and James Wilson in conjunction on behalf APH Holding who acquired the centre in...
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Stonebridge’s Philip Gartland and Carl Molony, alongside McVay Real Estate’s Sam McVay and Dan McVay, have been exclusively appointed on behalf of Mulpha to market for sale the Gold Coast’s trophy lifestyle investment, Capri on Via Roma, Gold Coast, via an Expression of Interest Campaign closing Thursday 21 March 2024 at 4pm. Capri on via Roma occupies a high exposure and gateway location on the...
Stonebridge has launched its first national portfolio of 2024, offering 22 quality investments across the popular segments of liquor, supermarkets, childcare, fast food and fuel & convenience retail. Each of the assets are secured by long term leases to ASX listed and national retailers including Dan Murphy’s, IGA, Guzman y Gomez, Woolworths, BWS and Viva Energy, plus established childcare...
Stonebridge’s Philip Gartland and Jonathan Fox, alongside First Asset Management’s Angelo Efstathis, have been exclusively appointed to market for sale Rockhampton CBD’s dominant and only shopping centre, City Centre Plaza. City Centre Plaza is a premium sub-regional shopping centre anchored by Coles and Target, covering 13,885 sqm of total lettable area and is 99% occupied by area. The asset has an...
Stonebridge Property Group has recruited former AFL footballer, Robbie Tarrant, to its National Portfolio team, based out of Melbourne with a national focus on the sale of blue chip investments across Childcare, Fast Food, Retail, Fuel & Convenience and Medical. Robbie played 194 AFL games across 16 seasons and held several leadership roles, including vice-captain and a member of North Melbourne’s...
4 Olphert Avenue, Vaucluse and 1C John Street, Hunters Hill, both trophy development sites with luxury residential potential, have been listed for sale on behalf of Telstra. Stonebridge’s Lincoln Blackledge and Spero Xenos have been exclusively appointed to steer the on- market Expressions of Interest campaign. The freehold development sites, situated within two of Sydney’s most affluent suburbs, are...
Stonebridge Property Group has recruited industry expert Brendan Wenke as Director to lead growth in their development sites business, and to establish their aged care, healthcare and retirement living capabilities. Mr Wenke has over 20 years’ experience in the sectors across New South Wales, Queensland, and Victoria, with broad ranging property development experience, through to acting for and...
Stonebridge Property Group has recruited experienced Sydney real estate agent Spero Xenos to its metropolitan sales team. Mr Xenos has over 8 years experience in the Sydney commercial real estate market, spanning leasing and sales of high-profile investments and development sites. The appointment strengthens Stonebridge’s coverage of the Sydney metropolitan market, which is undergoing significant...
Published on 17 November 2023 Fast food remains one of the most resilient sectors in the property market with the sale of a KFC in Townsville attracting strong interest despite concerns about the economy. Stonebridge Property Group's Tom Moreland said fast-food assets figured prominently in the agency's $21m sale of five Queensland properties and $120m of freestanding assets across Australia with yields...
A trophy, freestanding ALDI supermarket in the exclusive NSW Southern Highlands has sold for $12,350,000, reflecting a sharp 5.09% yield. The sale was brokered by Stonebridge’s Michael Collins, Kevin Tong and Alex James-Elliott and is evidence of ongoing demand for premium freestanding retail investments. The competitive national marketing campaign recorded over 190 enquiries and 14 offers at the close...