Glen Waverley station car park sells for $50m

Australia News News

Glen Waverley station car park sells for $50m
Australia Latest News,Australia Headlines
  • 📰 brisbanetimes
  • ⏱ Reading Time:
  • 61 sec. here
  • 3 min. at publisher
  • 📊 Quality Score:
  • News: 28%
  • Publisher: 67%

Beware commuters: the car park next to Glen Waverley station has been sold

Parking to catch a train at Glen Waverley train station could get harder in the future with the adjoining car park selling for $50.88 million.

Cushman & Wakefield agents Leon Ma, Joe Kairouz, Daniel Wolman, Hamish Burgess and Marcus Neill negotiated the deal. The sales campaign attracted six offers.A Macau-based investor has swooped on a Moonee Ponds office building leased to a key federal department. Purpose built for Foxtel more than 20 years ago, it’s on a large 6640 square-metre parcel of land, half of which is currently used for car parking.

The three-storey laboratory, leased by Melbourne Pathology, was purchased by Australian Unity’s Healthcare Property Trust in 2016 for $45 million. The expressions-of-interest campaign is expected to close a couple of weeks after the Jetstar campaign. Combined, the two sites consist of nearly one hectare of contiguous prime land.Henkell Brothers is selling Jetstar’s Collingwood HQ with a $65 million-plus price tag. Qantas’ budget subsidiary also has three years left on its long-term lease.

The two-level showroom is on an 811-square-metre parcel of land with frontages to Cambridge, Derby and Langridge streets.It’s across the street from the 14-level apartment tower developed by Cbus Property in 2019 and close to a host of other new office and residential projects.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

brisbanetimes /  🏆 13. in AU

Australia Latest News, Australia Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Glen Waverley station car park sells for $50mGlen Waverley station car park sells for $50mBeware commuters: the car park next to Glen Waverley station has been sold
Read more »

Glen Waverley station car park sells for $50mGlen Waverley station car park sells for $50mBeware commuters: the car park next to Glen Waverley station has been sold
Read more »

This Is Money finance podcast founder and host Glen James on the lure of fishingThis Is Money finance podcast founder and host Glen James on the lure of fishingCasting a line offers a practical life lesson for author and podcast host Glen James.
Read more »

Paris Olympics day nine: Medal hopes with two Australians in high jump finalParis Olympics day nine: Medal hopes with two Australians in high jump finalSwimmers Shayna Jack and Meg Harris will also race in the women's 50m freestyle final.
Read more »

Kieran Culkin to lead Glengarry Glen Ross revival on BroadwayKieran Culkin to lead Glengarry Glen Ross revival on BroadwayThe Succession actor will be joined by Bob Odenkirk and Bill Burr for a new take on David Mamet’s Pulitzer prize-winning play
Read more »

GLEN PLC: Glencore keeps coal amid ‘evolving’ ESG moodGLEN PLC: Glencore keeps coal amid ‘evolving’ ESG moodThe mining giant has abandoned a plan to demerge its coal division because shareholder attitudes towards ESG have changed over the past year.
Read more »



Render Time: 2025-02-15 00:44:32