Commercial property auction results

Commercial property auction results and insights.

Hungry Jack’s headlines $36m in auction sales
Food-based retail investments are continuing to curry favour with investors, with a string of sales headlining a strong day of results at Burgess Rawson’s first Melbourne portfolio auction of 2019.
Childcare market faces first 2019 test at portfolio auctions
Childcare centres will again be front and centre in early 2019 as commercial property agency Burgess Rawson launches its first investment portfolio auction of the year.
Record-setting Bunnings smashes price expectations
A Tasmanian Bunnings Warehouse that is the most-viewed commercial property of the year has set a record result at auction. The Bunnings site at Glenorchy, which attracted more views on than any other property …
Commercial auctions defy residential slump
Auctions of commercial property have been spared the gloom that has descended on the residential market with the latest CBRE portfolio reaping an 86% clearance rate as almost $48 million worth of property was sold.
Family buys up three farms once earmarked for Glendowner Dam
A Gold Coast family has dropped more than $15 million on three properties at an auction event.
Banks in demand at portfolio auctions
Investors took their money to the banks at the latest Burgess Rawson portfolio auctions. After $29 million worth of commercial property changed hands at the agency’s Sydney auction on Tuesday, two regional banks were the …
Queensland Hungry Jack’s flirts with low-yield record
A funeral home and a popular Queensland Hungry Jack’s were among about $50 million worth of commercial property sold over two days of Burgess Rawson investment auctions this week. Nine of 12 properties on offer …
Portfolio auctions bounce back in big way
Investors have dived back into the commercial property market with gusto at the most recent Burgess Rawson portfolio auctions. After a slower first half of the year the June auction rebounded in a big way, …
Two buyers make 300 bids in battle for Abbotsford property
A bidding war for an Abbotsford commercial property saw two bidders accumulate a whopping 300 bids. 
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