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Clean Streak laundromat with 5pc yield sells to first-time investor; single $24m bid snaps up Richmond medical property

The exodus of investors from the housing market is fuelling demand for small commercial properties like laundromats offering higher returns and sticky tenants. ....

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Sydney property: Saracens Head Hotel back on the chopping block

The first CBD auction for the year has been locked in with 387–391 Bourke Street set to go under the hammer on March 8. ....

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Postal distribution centre a secure investment opportunity

An Australia Post distribution centre in Derwent Park is set to be sold under the hammer in early December.
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Bellerive Dan Murphy's, Fernwood Fitness to fetch eight-figure price

Two high-profile Hobart bottle shop assets and a fitness centre are set to test the auction market in early August.
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Interest rates: Investors pile into childcare, fast food, medical assets on low yields

Twelve rate rises have failed to dampen the investment appetite among mum-and-dad investors for well-leased commercial property, a series of auctions showed. ....

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