A Canning Vale industrial property has been sold to a local investor for $4.1 million. Located at 42-44 Wittenberg Drive, the 4,538sqm property has been leased to Kemp Engineering for the past decade, selling at a 5.85 percent yield.
Sydney’s city fringe has always punched above its weight. Sitting just outside the CBD in pockets like Surry Hills, Redfern, Pyrmont, Alexandria, Erskineville and Camperdown, this is the part of Sydney that offers CBD proximity without CBD price tags, and investors have taken notice. But what exactly are they chasing when they put money into … […]
Haberfield’s commercial fabric traces back to Richard Stanton’s 1901 ‘garden suburb’ experiment, and its layout was deliberate from day one. The estate covenants that shaped Haberfield enforced a strict separation of commercial from residential strips, alongside minimum lot sizes to keep space between buildings. This revolutionary development was marketed as “slumless, laneless and publess”. Necessary … […]