SA Commercial Property News

Listed developer Axiom Properties is selling its half-stake in the Churchill Centre North shopping centre in Adelaide’s northern suburbs for $42.5 million but will keep some exposure to the property.

With summer still in full swing, there could be no better time to consider an island as your next lifestyle change or property investment.

A $4 million factory overhaul and new warehousing facilities are part of an Adelaide company’s expansion that will see one of Australia’s most popular chocolate bars back in Australian hands.

Agents in South Australia say investors are already pinpointing the southern state as a major target for 2018, with more attractive yields on offer than what they can find on the eastern seaboard.

Pelligra Group has been named as the buyer of Holden’s former manufacturing site in Adelaide’s north but the Melbourne-based development company will not take control of the land until mid-2019 when decommissioning has been completed. 

The former General Motors Holden site in Adelaide is set to be transformed into one of Australia’s largest business hubs, after its purchase by the Pelligra Group.

A prime stretch of coastal land on the southeast coast of Kangaroo Island is likely to be incorporated into a planned international-standard golf course development.

The Thomas family, which operates Australia’s largest fully family-owned meat-processing com­pany, has snapped up the iconic Mt Schanck station in South Australia’s southeast for more than $50 million.

Tell an investor a property leased to Bunnings Warehouse is for sale and immediately they’ll be expecting to pay big bucks for a tight yield.