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HomeCo Knoxfield Transacts Off-Market at a 5.00% yield.

1464 Ferntree Gully Rd, Knoxfield VIC 3180   The 13,603sqm large format retail centre sold for $45,000,000, which represented a 5.00% fully leased yield. Stonebridge Property Group agents Justin Dowers and Kevin Tong acted as agent on behalf of HomeCo. The property was sold in an off-market process to Troon Group. The sale highlights the strong fundamentals and performance of the large format sector,...

79,200 sqm mixed use and medium density residential/retirement living development site for sale

Lot 1 & 12 Ascot Gardens Drive, Bonshaw, Ballarat, Vic   A 79,200 sqm* landholding at Lot 1 & 12 Ascot Gardens Drive, Bonshaw has been listed for sale by Stonebridge Property Group represented by Julian White and Chao Zhang, conjunction with Buxton Ballarat, represented by Mark Nunn. The development site has Urban Growth zoning is allocated for mixed use and medium density residential/...

Coles Lalor transacts for a sharp 2.98% yield

22 Pryor Street and 23 Arthur Street, Eltham, VIC 3095   Coles Lalor represents the second major supermarket sales campaign in Victoria for 2022, with the first, a Woolworths in Eltham, also handled by Stonebridge Property Group. The 2,783sqm freestanding supermarket sold for $13,768,888, which represented a sharp 2.98% yield. Stonebridge Property Group agents Justin Dowers, Kevin Tong and Rorey...

Buyers shift to pandemic proof investments as Woolworths Eltham transacts for a sharp 3.3% yield

7 Arthur St, Eltham VIC 3095   Woolworths Eltham represented the first major supermarket sales campaign in Victoria for 2022. The 3,744sqm freestanding supermarket sold for $35,000,000, which represented a sharp 3.3% yield. Stonebridge Property Group agents Justin Dowers and Kevin Tong, in conjunction with Fitzroys David Bourke, Chris James and Shawn Luo acted as agent on behalf of a private family...

Inner-metro freehold designed to surprise

599 Gilbert Road, Preston   A 324 sqm* landholding in the boutique Gilbert Road Village has been offered to the market occupied by award winning architect Wardle Design. The property situated at 599 Gilbert Road, Preston will please investors and future developers with an attractive 5-year net lease, future development scale and located in Prestons best kept neighbourhood secret. Internally, the...

Woolworths Hawthorn provides a lucrative opportunity to acquire prime real estate in the retail core of Glenferrie Road.

674 Glenferrie Rd, Hawthorn VIC 3122   Stonebridge Property Group’s listing of Woolworths Hawthorn presents a once in a lifetime opportunity to purchase a supermarket in the heart of the highly affluent and sought after Glenferrie Road retail core. Located on the highly active and popular Glenferrie Road in the heart of Hawthorn, the commercial 1 zoned supermarket resides on a parent site of...

Commanding Retail Investment on Mega Mile Hits Market

Early Settler, 200 - 206 Whitehorse Road, Blackburn VIC   A prime retail investment on Blackburn’s Mega Mile is being offered to market for the first time in 31 years. Located at 200-206 Whitehorse Road, Blackburn and for sale through exclusive agents Savills Retail Investments and Stonebridge Property Group, the strategically located site is home to national retailer Early Settler, who, since...

Permit Approved 3,091sqm Landholding Offered In Private Cul-De-Sac

39 Greenridge Avenue, Templestowe   A permit approved site spanning 3,091sqm in a quiet cul-de-sac has hit the market as the only on-market land/development offering for purchase in Templestowe. The landholding is located at 39 Greenridge Avenue, Templestowe, bookended by King Street and Reynolds Road in the heart of the Templestowe residential precinct. The site is permit approved for 13 oversized...

Coles Lalor to fill major investment demand / supply imbalance in the freestanding supermarket sector

Stonebridge Property Group’s listing of the standalone Coles supermarket will test the market for a product that has been an investor favourite based on recession proof, non-discretionary and long leased blue chip tenants. Located on May Road, right at the heart of Lalor, the commercial 1 zoned 3,365sqm with triple street frontage will attract interest of investors, especially those with an eye to the...