News

Is this Australia’s best-ever man cave? Hidden gem hits market on the Gold Coast
16 July, 2018 /

Industrial unit has been set up as the ultimate space for work and play.

Jet skis, gym equipment, motorbikes, snooker and table tennis, arcade games, a bar and a couple of sleek cars. It might look like the stuff of dreams but this is the real-life luxe “man cave” of a Gold Coast businessman, now on the market through Ray White Broadbeach. Agent Adam Grbcic says the owner set up the space at 3-15 Jackman Street to house his family’s “toys” because there wasn’t enough room at home. Now they’ve found somewhere bigger...

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Puma service station site in North Perth sells for more than $4m
11 July, 2018 /

Private investor first spotted opportunity in a Ray White Commercial WA newsletter.

An inner-city Perth service station with development potential has traded for $4.01 million through Ray White Commercial WA. Stephen Harrison and Brett Wilkins introduced the private investor to the Puma petrol station site at 309-311 Fitzgerald Street, North Perth, via a Ray White Commercial WA newsletter. The 1077sqm site at the corner of Eden, Vincent and Fitzgerald streets is leased to Puma Energy (Australia) until December 2026, with two five-year options. Mr Harrison says the net rental income is...

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Dave Tyson hits the ground running in Caloundra
10 July, 2018 / Dave Tyson

WHEN Dave Tyson joined the team at Ray White Commercial Caloundra a few months ago he brought with him over 25 years of property experience and a deep love of the Sunshine Coast.   “I love people, and I love property, so this industry is a great thing for me,” Mr Tyson said. “It’s so satisfying to do a deal when you’ve surpassed your clients expectations.  Whether its leasing a property in a really short period of time, or making...

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Major Marrickville site with vision for the future offered for sale
9 July, 2018 /

An inner west site has been launched to market, billed as as one of the most covetable and strategic Sydney freehold properties to be offered for sale this year. Ray White Commercial NSW is seeking expressions of interest for 11 & 11A Edinburgh Road, a strategically located Marrickville property with possible future development upside. Read the full article

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Event Rentals acquires $9.8m Virginia property
9 July, 2018 /

Buyer strikes cleanly and quickly to secure industrial site in Brisbane.

Event Rentals has paid $9.8 million for a Virginia industrial property considered rare in the suburb for its sizeable land area of 18,730sqm. H Family Trust bought the property at 20 Shannon Place from L Pinkenkba Investments Pty Ltd, according to selling agents Ray White Commercial Queensland and Cushman & Wakefield. Ray White Commercial Queensland’s Paul Anderson says once the site is fully leased, it will show an initial yield of 8 per cent. Mr Anderson sold the site with...

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Ray White Commercial appoints new NSW partner
3 July, 2018 /

A major new appointment has further bolstered the ranks of the Ray White Commercial executive team in NSW. Commercial real estate industry veteran Matthew Ramsay has joined Ray White Commercial NSW as Director & Partner to work alongside high-profile property specialist Jeff Moxham. Read the full article

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WA investor catches Subway in Melbourne after late landing
2 July, 2018 /

Interstate investor secures retail asset despite missing auction.

An interstate investor who jetted in too late to bid at auction has still managed to secure the North Melbourne retail strata asset he wanted. Ray White Commercial Nunawading director Brett Diston sold the property at 1/528 Victoria Street to the Perth-based buyer for $900,000 immediately after the auction. “They were flying in to buy at auction but luckily for them we had passed the property in,” Mr Diston says. “So we negotiated as soon as they arrived.”...

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‘Eat Street’ retail strata in Neutral Bay sells for $1,332,500
2 July, 2018 /

The off-market private treaty sale managed by Scott Stephens, of Ray White Lower North Shore.

A 61sqm shop in Neutral Bay occupied by popular cafe 5 Loaves 2 Fish has been sold for $1,332,500. The off-market private treaty sale of Shop 1, 17 Grosvenor Street on behalf of a local investor was managed by Scott Stephens, of Ray White Lower North Shore. “It’s a fantastic investment in a prime location situated on ‘Eat Street’ in Neutral Bay — just around the corner from the iconic Oaks Hotel,” Mr Stephens says. The sale to a another...

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High-profile hardware store site for sale in Toowoomba
2 July, 2018 /

Longtime home of Simon’s Home Timber and Hardware is on the market.

The longtime home of Simon’s Home Timber and Hardware is for sale north of Toowoomba. Ray White Commercial Toowoomba is seeking expressions of interest for the 4.96ha Harlaxton industrial investment, which offers holding income plus development potential. Craig Bradley says Simon’s Home Timber and Hardware is looking to consolidate its long-term operation at 9-25 Wilkinson Street. “In doing so, they will consider offering to the purchasing party, if required, a formal lease-back with terms to be negotiated,” Mr Bradley says....

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Ray White Commercial appoints Matthew Ramsay in strategic new partnership
29 June, 2018 /

Commercial real estate industry veteran appointed as Director and Partner in NSW.

A major new appointment has further bolstered the ranks of the Ray White Commercial executive team in NSW. Commercial real estate industry veteran Matthew Ramsay has joined Ray White Commercial NSW as Director & Partner to work alongside high-profile property specialist Jeff Moxham. Read the full article Photo caption, left to right: Jeff Moxham (Managing Director — Ray White Commercial NSW), Matthew Ramsay (Director — Ray White Commercial NSW) and Dan White (Director, Ray White Group).

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