Commercial property auction results

Commercial property auction results and insights.

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Deals: Grill’d on the menu, Nike swoops on Brighton

Deals: Grill’d on the menu, Nike swoops on Brighton

Petrol station owners rush to cash in

Petrol station owners rush to cash in

A surge in investor interest and shrinking yields are the catalysts for a spate of petrol stations hitting the market across Australia, agents say.

Record yields as investors flock to childcare centres

Record yields as investors flock to childcare centres

Predictions that childcare centres will become Australia’s most sought after commercial property asset class are proving prophetic, after record sales at auctions in Sydney and Melbourne.

Commercial buyers to flex muscle at latest portfolio auctions

Commercial buyers to flex muscle at latest portfolio auctions

A gym synonymous with Hollywood royalty and a supermarket in a prime Melbourne growth hub will be among the big ticket items at next week’s Burgess Rawson portfolio auctions.

Drama as Clive Palmer’s cattle station auction postponed

Drama as Clive Palmer’s cattle station auction postponed

The auction of a Queensland cattle station owned by Clive Palmer has been sensationally called off at the last minute.

Shock as Mitre 10 store fetches double reserve price

Shock as Mitre 10 store fetches double reserve price

A family who owned a site leased to Mitre 10 in bayside Melbourne for 35 years were reduced to tears after it sold for almost $6 million above reserve.

Sunbury sale caps mixed week of auctions

Sunbury sale caps mixed week of auctions

Hume City Council has paid $1.885 million for a vacant block of land next to its Sunbury headquarters, to round out a tepid week at Burgess Rawson’s first portfolio auctions of the year.

Commercial auctions flirt with magical $1bn mark

Commercial auctions flirt with magical $1bn mark

Investors have stuffed their Christmas stockings with almost $100m worth of commercial property at this year’s final Burgess Rawson auctions.

Deals: Iconic Kings Cross nightclub Hugo’s sold

Deals: Iconic Kings Cross nightclub Hugo’s sold

Former Kings Cross nightspot and pizzeria Hugo’s has sold, four months after the iconic venue closed its doors for the final time. MORE DEALS.

Pumped-up interest for Townsville service station

Pumped-up interest for Townsville service station

A rare master plan service station site on the outskirts of Townsville is driving a “phenomenal” level of investor interest.

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