Electric vehicles (EVs) have been heralded as a revolutionary solution to combat climate change, reduce air pollution, and enhance energy efficiency in the transportation sector. As EV adoption continues to surge globally, it's clear that these vehicles are not just a passing trend but an integral part of our future.
This brand new 96 place licensed purpose-built child care centre located at 29 Morwell Street, Yanchep was auctioned this morning and saw 3 parties bid for the sought after investment.
In what sets a new benchmark for commercial asset sales in Wollongong, a 6,719m2 A-grade office building with a sub 5-year WALE has just sold for $33.3 million, reflecting a 7.25% nett yield and approx. $5,000/m2 of building area. The property, 77 Market Street, was sold by MMJ Commercial (Wollongong) on behalf of Medibank Private Limited.
Manufacturer 3M Australia has taken out a one of the largest suburban office leases in Sydney this year, committing to a new 10-year lease for the 8080 square metre office building at 1 Rivett Road, North Ryde.
Our developer landlord was seeking short term rental options prior to demolishing the building later in the year. MMJ Melbourne were able to source a tenant quickly due to the demand from retailers like Bat Your Lash for pop-up style spaces.