Part of 209 Geelong Road, Werribee VIC A 47,090 SQM* parcel of land within the Riverwalk Estate at Werribee has been listed for sale by Stonebridge Property Group, represented by Julian White, Chao Zhang and Jacob Biviano. The site, on the corner of Princes Highway and Pandava Road, is part of the approved Riverwalk Development Plan and is allocated as ‘Employment use’ - allowing for light...
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Stonebridge National Investment Sales has launched its August Portfolio, following a successful 100% clearance rate at its most recent July Portfolio Auction. Comprising 11 quality investments, each of the assets fall within popular segments including supermarkets, childcare, fast food and freestanding retail, with long term leases to sought after tenant covenants such as Coles, Woolworths, BCF and...
The 10.6-hectare prime, impeccably located land holding is set to benefit from its dominant growth corridor location and presents investors with an opportunity for immediate scale and continued growth. A 100% interest in the Waverley Gardens Shopping Centre is being offered to the market, providing investors with an opportunity to acquire 106,000 sqm of freehold Melbourne land securely underpinned by a...
The result is particularly eye opening when compared to other fuel sales in 2023, with the BP trading on a tight passing yield of 5.16%. Stonebridge noted that the sale concluded a month after running a confidential process with 3 select parties. The purchaser was a Victorian farming family who settled within 28 days, they were attracted to the quality of the covenant together with the growth forecasted...
Stonebridge’s National Investment Sales June Portfolio Auction has demonstrated continued demand from private investors for quality, long term leased assets, with over $40 million of property selling at or prior to Auction. The Portfolio Auction campaign achieved a 100% clearance rate with an average yield of just 4.92%. Childcare centres remain a favourite amongst high net worth investors, with four...
Stonebridge Property Group, in conjunction with JLL is pleased to announce the sale of Elermore Vale Shopping Centre for $27,000,000, via a select off-market, Expressions of Interest campaign. The off-market transaction was negotiated by Stonebridge’s Phillip Gartland and Alexander James-Elliott, achieving a 4.91% yield at a rate of $6,645 per sqm GLA. Elermore Vale Shopping Centre represents a true...
Stonebridge Property Group has been appointed to sell 11 completed residential apartments within 3 Hazlewood Place Epping NSW under the instructions of the Liquidators, Patrick Loi and John Chand from GreenGate Advisory. The properties comprise a range of 1, 2 and 3-bedroom apartments within a recently completed (2019) development. Hazlewood Place is a quiet cul-de-sac located close to Epping CBD and...
Stonebridge Property Group has been appointed to sell 2 and 6 Bondi Road and 77 Old South Head Road, Bondi Junction, Sydney on behalf of the Mortgagee in Possession. The properties comprise a vacant site with existing vehicular access, and two dual-frontage properties both currently deriving income from long-term accommodation operations. All properties benefit from R3 Medium Density Residential...
Property investment and development firm Mintus has secured Bathurst Chase for $17.5 million from Quanta Investment Funds, reflecting a passing yield of 7.36%. Stonebridge’s Alex James-Elliott, Justin Dowers and Philip Gartland, together with CBRE’s James Douglas, Joe Tynan and Michael Hedger negotiated the sale following an on-market Expressions of Interest (EOI) process, which generated significant...
Stonebridge Property Group has continued to expand its specialised development site sales division, with the appointment of Andrew Milligan, as Director. Andrew will operate from the Melbourne office, with a focus on metropolitan development site sales. After a 10-year career in international finance, Andrew transitioned into a brokerage role with a privately owned commercial agency and transacted with...