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Receivers sale – well advanced townhouse development
11.2021
Receivers sale – well advanced townhouse development

RECEIVERS SALE – KordaMentha has appointed Stonebridge Property Group to sell a well advanced 10-unit townhouse development in Doncaster.

Townhouse developers and builders are expected to show interest in the site located at 8-10 Toni Street, Doncaster, which is only 350 m to Westfield Doncaster and 1 km to Doncaster Secondary School.

The property comprises a 1,347 sqm corner landholding and is improved with 10 well advanced townhouses, which are individually titled and at lock up stage. The opportunity offers developers and builders the chance to complete the build and then sell the townhouses or retain as an investment.

Stonebridge Property Group’s Julian White, Chao Zhang and Dylan Kilner have been appointed to manage the sale.

Mr White said strong interest is expected given the current strength of the residential market.

“Doncaster has seen its median house price increase by 18.2%* in the last 12 months highlighting the strong demand to live in the area.” – Julian White, Stonebridge Partner.

Expressions of interest closes 2nd December 2021.

 

For further information please contact:

Julian White| +61 422 764 137 | JWhite@stonebridge.com.au
Chao Zhang | +61 411 625 068 | CZhang@stonebridge.com.au
Dylan Kilner | +61 459 396 341 | DKilner@stonebridge.com.au

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January 2021
Buyers shift to pandemic proof investments as Woolworths Torquay transacts for a record sub 4% yield
Woolworths Torquay Central represented the first major supermarket sales campaign in Victoria following the extensive lockdown period. The 2,980sqm regional freestanding supermarket sold for $25,100,000,...
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December 2020
Stonebridge sells Charter Hall’s Liverpool automotive asset for a premium
Stonebridge Property Group has sold ‘Mitsubishi Liverpool’ 375-377 Hume Highway, Liverpool NSW for $22.5 million, just days after closing a public expressions of interest campaign....
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November 2020
Central Coburg Townhouse development site for sale
A 5,088sqm permit approved site for 36 townhouses is for sale in the heart of Coburg and within the Pentridge Prison redevelopment precinct. Stonebridge Property...
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November 2020
Fawkner offers prime asset to yield hungry market
– BP Westernport Service Centre returning $1.048m pa – Melbourne based property funds manager Fawkner Property has put its BP Westernport Service Centre in Cranbourne...
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November 2020
Troon Group‘s Ballarat Lifestyle Centre on the Market
Ballarat’s Troon Group has listed its brand new Ballarat Lifestyle Centre as the Large Format Retail sector enjoys relatively good times on the back of...
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October 2020
Woolworths Torquay Central to fill major investment demand / supply imbalance
Stonebridge Property Group’s listing of the standalone Woolworths Torquay Central supermarket will test the market for a product that has long been an investor favourite,...
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October 2020
Stonebridge negotiates $150 million Glenmore Park Town Centre sale
Stonebridge Property Group has negotiated the single largest neighborhood centre transaction in 2020 with HomeCo’s $150 million purchase of the Glenmore Park Town Centre. Located...
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September 2020
Stonebridge Property Group launch National Asia Practice Platform
Pandemic drives slowdown in private off-shore Asian investors, whist Domestic Asian investors remain active The COVID-19 pandemic has driven a fall in private off-shore Asian...
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September 2020
Stonebridge to merge with new Melbourne agency
Leading Sydney based commercial real estate group, Stonebridge Property Group, will open a Melbourne office this month, following a merger with a group of Melbourne’s...
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June 2020
Iconic neighbourhood centre sells for $47 million
Shopping centre in Newcastle transacts for $47 million as demand for neighbourhood centres hold firm Stonebridge Property Group’s Philip Gartland in conjunction with JLL’s Nick...
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January 2020
Sold for $68 million – St Marys Village, NSW
Stonebridge Property Group, in conjunction with McVay Real Estate, is pleased to announce the sale of St Marys Village for $68 million. St Marys Village...
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September 2019
The US shows there’s an upside to current retail shifts
There has been much gloom about Australia bricks and mortar retail recently, from the demise of the department and discount department store, to the closure of...
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