OFFICE SALES
SOLD
10 Teamster Close, Tuggerah, NSW, 2259
Centrelink
$11,925,000
Leiba Commercial sold the Department of Human Services (Centrelink) anchored property to a local private family via an off market process. The property was sold with a new 5 year lease in place which Leiba Commercial played a pivotal role in securing for the outgoing vendor and incoming purchaser. Leiba Commercial is well versed and experts in selling government anchored properties throughout Australia
SOLD
15-19 Service Street, Sunshine, VIC, 3020
Office
$14,300,000
Leiba Commercial negotiated the off market sale of the Victorian state government anchored property to a boutique investment fund. The property was a brand new development and was occupied by the State Department of Health on a new 8 year term. The sale of the property showcased yet again Leiba Commercial’s knowledge and experience in selling government anchored properties off market.
SOLD
85-87 Ellersdale Avenue, Warwick, WA, 6024
$7,120,000
Office
Leiba Commercial facilitated the sale of yet another government tenanted office building off market. The property was sold to a private investor on behalf of a private syndicate. The property was single tenanted to the Department of Human Services and an excellent result was achieved for the vendor.
SOLD
7/9 Codrington Street, Cranbourne, VIC, 3977
$9,000,000
Centrelink
Leiba Commercial sold the single tenanted Centrelink anchored property off- market to a local fund based in Victoria. The property was sold with a brand new 5 year term in place to the Department of Human Services.
SOLD
91 Beardy Street & 102 Taylor Street, Armidale, NSW, 2350
$16,000,000
Office
Leiba Commercial facilitated the sale of the property off- market to MPG Funds which is now their biggest asset in their regional property fund. The building was a brand new construction and fully leased to the government.
SOLD
21 Station Road, Woodridge, QLD, 4114
$14,125,000
Centrelink
MPG Funds management purchased the Woodridge Centrelink property through an off-market transaction. Leiba Commercial finalised the sale off- market and presented the property to MPG Funds to form part of their regional cities property trust. The building was anchored by the Department of Human Services on a new long term lease. The other tenants in the property were Queensland state government tenants. The property was purchased fully leased.
SOLD
6-12 Chapel Street, Morwell, VIC 3840
Centrelink
$6,500,000
MPG Funds Management has scooped up the Centrelink-leased commercial property in Morwell. The 2,273sqm property was sold off-market by Leiba Commercial's Marc Leiba and Jonathan Rosenthal.
SOLD
8-12 Seymour Street, Traralgon, VIC, 3844
$11,800,000
Office
The sale of the EPA building was negotiated by Marc Leiba and Jonathan Rosenthal of Leiba Commercial alongside Alex Ham of Gross Waddell and Grant Williams of Keith Williams Real Estate.
SOLD
80 George Street, Parramatta, 2150, NSW
Office
$38,700,000
GDI Property Group, announced it has exchanged contracts to acquire 80 George Street, Parramatta for $38.7 million, through Marc Leiba of Leiba Commercial.
SOLD
Portfolio - 3 Centrelink buildings
$14,000,000
Centrelink
MPG Funds have purchased a Centrelink portfolio of 3 building offices across NSW and QLD. The deal was brokered by Marc Leiba and Jonathan Rosenthal of Leiba Commercial on behalf of a private investor.