RETAIL SALES

SOLD

299 Montacute Road, Newton, 5074, SA

$35,000,000

Retail

Leiba Commercial facilitated the sale of the Newton Village Shopping Centre on behalf of the vendor, The Makris Group of Companies, to the end purchaser, Revelop. The shopping centre is anchored by Coles and Woolworths along with 25 specialty stores and is located in an affluent location in metro Adelaide. The deal was conducted off market.

SOLD

2 Commercial Lane, Gawler, 5118, SA

Retail

$32,050,000

Harmony Property Syndication has acquired a Big W and Woolworths supermarket retail centre in Gawler, north of Adelaide, for $32.05 million. The Adelaide-based syndicator purchased the site from Gawler Property Holdings in an off-market deal negotiated by Leiba Commercial.

SOLD

55-67 Frankston - Dandenong Rd, Dandenong South, 3175, VIC

Retail

$29,800,000

Brisbane-based Sentinel Property Group has beefed up its Melbourne portfolio acquiring a large format retail centre in Dandenong for $29.8 million. The busy property syndicator has picked up the fully-leased Home Quarter complex in Melbourne's south-east, anchored by nine national retail tenants. The deal was negotiated by Leiba Commercial's Marc Leiba. It is Sentinel's third retail acquisition in Melbourne.

SOLD

Grand Blvd & Bitts Rd, Seaford Meadows, 5169, SA

$21,200,000

MPG Funds purchased the Seaford Meadows Shopping Centre, a single-level neighbourhood centre in a deal brokered by Marc Leiba of Leiba Commercial

Retail

SOLD

59 Mernda Village Drive, Mernda, 3754, VIC

Retail

The fully leased neighbourhood complex is anchored by a 3200-square-metre Woolworths supermarket and also includes eight specialty shops covering 1000 square metres. A private investor purchased this through Marc Leiba of Leiba Commercial.

$17,000,000

SOLD

153-157 Elizabeth St, Coburg North, 3085, VIC

Retail

$18,900,000

The Centre is anchored by a full-line Woolworths supermarket and BWS outlet complemented by seven specialty tenants.

SOLD

11-17 Station Road, Melton South, 3338, VIC

Retail

$10,500,000

A private investor purchased the Coles anchored shopping centre with 8 specialties. The deal was brokered by Marc Leiba of Leiba Commercial

TO CONTACT LEIBA COMMERCIAL 

PLEASE CALL OR EMAIL US:

Marc Leiba

Managing Director

T: 0418 173 661

E: ml@leibacommercial.com.au

Jonathan Rosenthal

Director

T: 0412 943 008

E: jr@leibacommercial.com.au

© 2019 Leiba Commercial

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