Commercial real estate
Well-known Woolloomooloo pub sold in $15m deal
A formerly ASX-listed company has bought the well-known harbourside-based Frisco Hotel in Woolloomooloo.
- Carolyn Cummins
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State government looks to offload former Supreme Court building in $25m sale
The Allan government will be hoping for a better result than the last time the building was on the market in the early 1990s.
- Nicole Lindsay
No trash, all treasure for buyer of $15m Thomastown market site
It’s the biggest transaction ever haggled over at the Thomastown Trash and Treasure Market, where a developer has snapped up the largest part of the site for more than $15 million.
- Nicole Lindsay
Last drinks at Mount Druitt pub as owner seeks $80m sale
Hotel investor and operator Geoff Redmond has called time at the Club Hotel pub in Mount Druitt after 30 years of continuous ownership.
- Carolyn Cummins
Glenfiddich’s Sydney home goes up for sale in $100m deal
German-backed Deutsche Wealth and Asset Management is selling its prime North Sydney office tower with a value of about $100 million.
- Carolyn Cummins
Renovated, bluestone Victorian cottage conceals an edgy Fitzroy pad
Some of the best architecture can often be discovered behind modest facades where it’s not screaming for attention.
- Stephen Crafti
Green Elephant commercial building looks for peak price of $30m
Peak Equities, led by Trevor O’Hoy, is looking to sell a fully leased property in Sydney’s Green Square precinct for more than $30 million.
- Carolyn Cummins
Illegal Lara waste dump sells for $16m. It cost $71m to clean up
Builder Hickory has bought what was once a bogus recycling plant in Lara where a 20-metre-high pile of rubbish cost the state $71 million to clean up.
- Nicole Lindsay
A truck stop called Plan B Whitsunday just sold for $13m. What’s Plan A worth?
Selling a northbound truck stop in Halfway Creek, anchored by ASX-listed tenant Ampol, for around $13 million appears to be a great outcome.
- Carolyn Cummins
Truck carpark’s value jumps seventeenfold in 21 years. Not bad for a patch of dirt in Dingley
It last changed hands in 2005 for $450,000. Now it’s likely to fetch around $8 million, a seventeenfold increase or a compound annual growth rate of 14.7 per cent.
- Nicole Lindsay