These properties were auctioned at DEXUS Place today by various agencies.  An analysis of each transaction is below. For further details please contact Nicholas Archer on 0412 777 889 or nicholas.archer@propertyfox.com.au.

 

789 Botany Road, ROSEBERY

Sold for $8,500,000

Significant upside in a character building. 

        Site Area: 2,503sqm ($3,396/sqm)

 

38-48 Parramatta Road, STANMORE

Sold for $7,620,000

Free standing building with B4 zoning. 

        Site Area: 1,251 sqm ($6,091/sqm)

        Building Area: 1,669 sqm ($4,566/sqm)

 

Lot 2, 127-141 Forest Road, HURTSVILLE

Sold for $2,300,000

Quality retail premises with 2 car spaces. 

        Strata Area: 99 sqm ($23,232/sqm)

        Land Area: 127 sqm ($18,110/sqm)

        Gross Income: $133,900 pa ($1,353/sqm) approx.

 

Lot 1, 53 Martin  Place, SYDNEY

Passed In

Tenanted retail investment. 

        Strata Area: 301 sqm

 

Lot 37, 37 York Street, SYDNEY

Sold for $3,570,000

Multi-tenanted investment

        Strata Area: 92 sqm ($38,804/sqm)

        Net Income: $155,000 pa + ($1,685/sqm) approx.

        Yield: 4.34%

 

Unit 4, 64-66 Burrows Road, ALEXANDRIA

Withdrawn

High clearance warehouse and office

        Floor Area: 1,286 sqm

 

24 & 24A Keats Avenue, ROCKDALE

Sold for $3,100,000

Two adjoining residential houses. 

        Land Area: 613 sqm ($5,057/sqm)