A 13,840sq m* infill site in South Morang has sold for $6,420,000 through a hotly contested expression of interest process that generated over 130 registered parties and multiple offers.

Once known as the red-light district of Sydney, Darlinghurst has undergone significant restoration and redevelopment, becoming one of Sydney’s most iconic locations with long standing heritage buildings, a network of lane-ways, street corners flurried with small bars, cafes and boutique retail. 

A rare Industrial site comprising a multi-unit warehouse estate, and total gross lettable area of approximately 9,790sqm on a 19,350sqm parcel of land is exclusively for sale in Sydney’s Inner West,  through Michael Wall and Michael Fenton of Savills Australia and Angus Grier, Tim Paxton and Jason ...

One of Brisbane’s most iconic hotels with genuine future development upside is a set to hit the market in the established inner city suburb of Woolloongabba; well-known around the world, being home to The Gabba stadium, officially known as the Brisbane Cricket Ground. 

120km east of Mount Isa and 400km south of the Gulf of Carpentaria in QLD is the quintessential Aussie Mining town of Cloncurry, with a population of 3,200 people and was Founded by Ernest Henry in 1867 with the discovery of copper.

Just 6kms* south of the Brisbane CBD, a Private Investor/Developer has snapped up a 1,803sqm parcel of land for a future 101 place childcare centre for $2.35 million, on an unconditional contract.

The Savills Australia Project Management team is once again vying for the highly coveted RICS Project Management Team of the Year award, having previously won the award seven times in the past eight years.

A local investor has purchased a fully leased, freestanding, corner industrial complex at 1 Geoffrey Street, Caloundra West, on the Sunshine Coast for $1.885 million on a 5.15 per cent yield.

A local developer has purchased a 362 sqm property owned and occupied by the Churches of Christ for more than 100 years for $4,200,000. 

A local builder/developer has purchased a 1,306sqm sqm development site in Rockdale NSW for $8,500,000. 

Investor appetite for regional retail assets continues with the Woolworths Supermarket in Mount Isa selling for $16.91million.

In yet another example of the market’s attraction to neighbourhood shopping centres, the Kallangur Fair Shopping Centre has transacted for $22.45million.

Savills Hotels has just sold the ‘Courthouse Hotel’, 60-62 Main Street, Murwillumbah via a confidential and selective off-market sales process. 

The Largest Historic Regional Hotel in the Cessnock Region is up for sale. Grand Neath Hotel located at 26 Cessnock Road, Cessnock sits on a significant 1,227sq m* along the main thoroughfare of Cessnock Road.

The acquisitive SCA Property Group has closed another Queensland deal, snapping up the Drayton Central Shopping Centre in Toowoomba for $34.34million.

Graham Postma, National Head - Office Leasing at Savills Australia says nationally, all office leasing markets continue to face challenges around COVID 19, lockdowns, and flexible working arrangements.

Savills plc, the international real estate advisor, today announces its unaudited results for the six months ended 30 June 2021.

A local investor has purchased a modern retail freehold on Sorrento’s main street at 141-147 Ocean Beach Road, Sorrento VIC for $4.85 million on a 1.57% yield. 

Savills Australia has appointed Joe Phegan as Managing Director - Victoria, in addition to his current role as National Head - Valuation and Advisory.

In the first half of 2021, rental prices across the 30 cities in the Savills World Cities Index posted an average increase of 0.5%. This follows a fall of -1.8% over 2020 as global restrictions on travel reduced demand and increased supply of property with former tourist short let apartments, movin...