Recent Sales & Leasing Highlights
11-15 Cockthorpe Road, Auburn Industrial Sold $1,260,000.00
22 Herbert Street, Artarmon Industrial Sold $2,500,000.00
42/112 McEvoy Street, Alexandria Commercial Sold $820,000.00
2-6 Burrows Road, Alexandria Land Leased $130,000
7/15 Meadow Way, Banksmeadow Industrial Sold $575,000.00
Shops 2 & 3, 132 Coxs Road, North Ryde Retail Leased $57,466.50
21/10-14 Lillian Fowler Place, Marrickville Industrial Sold $588,000
Unit 12, 28 Smith Street, Chatswood Industrial Leased $260, 242.61
58 Norton Street, Leichhardt Retail Leased $46,800.00
20/198-222 Young Street, Waterloo Industrial Leased $99,996.00
41 Herbert Street, Atarmon Industrial Leased $66,307.51
Lot 23, 10 Chilvers Road, Thornleigh Industrial Leased $45,560.00
Warehouse 1, 103 Vanessa Street, Kingsgrove Industrial Leased $95,000.00
85-113 Dunning Ave Rosebery Commercial Sold $12,643,120
4/620 Botany Road, Alexandria Industrial Leased $46,000.00
55 Mentmore Ave Rosebery Commercial Sold $11,000,000
45 Crystal Street, Petersham Industrial Leased $70,000.00
2/155 Victoria Road, Marrickville Industrial Sold $1,000,000.00
21 Hotham Parade, Artarmon Industrial Leased $100,000.00
87 Queens Road, Five Dock Industrial Leased $54,600.00
1/6-8 McLachlan Avenue, Artarmon Industrial Leased $62,000.00
1-3 Farr Street, Marrickville Industrial Sold $2,106,000.00
111 Wicks Road, North Ryde Industrial Leased $349,896.98
31-33 Applebee Street, St Peters Industrial Leased $38,000.00
1/354 Chisholm Road, Auburn Industrial Leased $39,840.00
4/17-19 Green Street, Banksmeadow Industrial Sold $500,000.00
150 Norton Street, Leichhardt Retail Leased $64,400.00
870 Princes Highway, Tempe Industrial Leased $60,000
15 Parkes Street, Parramatta Commercial Leased $69,000.00
10 Carlotta Street, Artarmon Industrial Leased $65,000.00
19/110 Bourke Road, Alexandria Industrial Leased $43,532.00
9/171 Gibbes Street, Chatswood Industrial Leased $41,677.50
Part B, 6 Rich Street, Marrickville Industrial Leased $164, 640.00
10-14 Farr Street, Marrickville Industrial Sold $1,125,000.00
Tenancies 11 and 13 George Street, Waterloo Commercial Leased $324,979.30
118 Bourke Road, Alexandria Industrial Leased $567,249.14
77 Burrows Road, Alexandria Industrial Leased $78,000.00
842-844 Princes Highway, Tempe Retail Sold $610,000.00
"ARISTOCRAT'S SALE OF THE CENTURY"
The Australian Financial Review - 18 September 2007
Robert Harley
Aristocrat Leisure has put its surplus industrial
and commercial holdings in south Sydney up for sale as it prepares
to move to new headquarters at Macquarie Park.
One property sold for about $10 million earlier this year and
another three that might bring nearly $50 million go up for sale
this week.
The agent handling the latest sales, managing direct of Taylor
Nicholas, Peter Taylor, said Aristocrat's holdings, which spread
across three hectares in Rosebery, were a rare event in the best
industrial suburb in south Sydney. Expressions of interest, either
in one line or separately, close on October 11. The properties
are:
*A four-storey office building of about 5500 square metres at
55 Mentmore Avenue that Aristocrat will sell on a short-term leaseback
that Mr Taylor said would ideally suit another owner-occupier.
*An older-style industrial building at 115-133 Dunning Avenue,
on the corner of Morley and Hayes streets, which, on 7500 sq m,
would suit refurbishment or redevelopment.
*A two hectare island block bounded by Dunning Avenue, Mentmore
Avenue, Hayes Street and Harcourt Parade that would suit refurbishment
or redevelopment.
Late last year Aristocrat, advised by Grant Samuel, pre-leased
a new 15,400 sq m facility in the Goodman Group's Pinnacle Office
Park at Macquarie Park.
At the time, Aristocrat said the research and development group
would move in late 2008 and the head office "shortly thereafter".
