Source - Aus Financial Review.
A private investor has paid $A12.75m for a 10,908sq m office-warehouse in theSydney suburb of Wetherill Park. The property had been owned by the failedStateland Developments, and auctioned on behalf of a Colonial mortgage fund. Arecent survey by National Australia Bank found that capital growth in theindustrial property sector is expected to average 1.2 per cent in the next 12months.
Holy ***** thats a large purchase by a private investor, wonder if thats a one person show.
Regards,
RH
A private investor has paid $A12.75m for a 10,908sq m office-warehouse in theSydney suburb of Wetherill Park. The property had been owned by the failedStateland Developments, and auctioned on behalf of a Colonial mortgage fund. Arecent survey by National Australia Bank found that capital growth in theindustrial property sector is expected to average 1.2 per cent in the next 12months.
Holy ***** thats a large purchase by a private investor, wonder if thats a one person show.
Regards,
RH