Commercial Auction Results – Week ending 2nd November 2018

Retail property sales dominated the auction results this fortnight accounting for 42% of properties sold. Victoria led the way with 15 retail properties sold for a total estimated value of $11.4million, followed by New South Wales with 10 retail properties totaling approximately $6.2million.

The largest transaction reported for the fortnight was the sale of 553 Smollett St Albury NSW. Leased to the Commonwealth Bank of Australia until February 2025, the office block was reported sold at…