Savills Australia is proud to announce the internal promotion of two industry stalwarts Tony Bargwanna and Leon Alaban to National Director – Hotels, effective immediately.

As international borders remain closed for the foreseeable future in the midst of the COVID-19 pandemic, regional tourism markets are set to boom with demand from interstate and intrastate travel leading market recovery in the hotels sector.

The Southern end of the Sydney CBD remains in the spotlight as the NSW Government’s $3.4 billion commitment to build exciting new infrastructure and transport hubs takes shape, including the Darling Harbour Line, Town Hall Metro Line, and the new Light Rail.

Savills Australia is pleased to announce its Sydney Residential team is a finalist in the 2020 North Shore Local Business Awards, a highly coveted and competitive award which recognises and celebrates the best in local businesses.

A local developer has purchased a 1,745sq m high profile corner landholding and site of a former service station at 49 Military Road, Avondale Heights VIC from two private businesses on an unconditional basis for $2.7 million representing a 4.44% yield.