Preston Rowe Paterson Sydney is delighted to announce we have two new additions in our Property & Asset Management team; one of which, Elizabeth Duncan, is a returning employee having worked for the Preston Rowe Paterson Sydney team from 2010-2013. We welcome Elizabeth back as an Associate Director where she oversees the Property & Asset […]
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Two welcomed additions to our Property, Asset and Facilities Management Division
Posted date: March 3rd 2015 . Author Gregory Preston .
Image source: Infrastructure NSW, The NSW Government
Infrastructure expected to create emerging locations
Posted date: October 8th 2014 . Author Gregory Preston .
Development, investment and business opportunities are expected to arise from the boost to infrastructure spending announced in the 2014-2015 Federal Budget. Over the next decade the large volume of road and rail projects will improve mobility and congestion amongst major cities; as a result we will see cheaper emerging locations in Western Sydney, Melbourne and […]
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Frenzied auction, low retail yields – can they be repeated with individual sales?
Posted date: October 8th 2014 . Author Gregory Preston .
Seven 7-Eleven convenience stores and service stations in NSW were bought at a Sydney auction in August by private investors for a combined total of $33.085 million, with a benchmark yield of 3.85 per cent and average yield of 4.6 per cent (The Urban Developer). The properties sold by the BRW Rich List Withers & […]
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Image source: NSW Government
Good news for developers and builders as the NSW Government announces new approval pathways for residential properties
Posted date: October 7th 2014 . Author Gregory Preston .
The NSW Government announced a considerable reduction in the minimum size for housing lots in Sydney’s outer growth suburbs, effective immediately. The standard minimum lot size of 250 square metres will still apply, and where close to transport and town centres lot sizes may be further reduced to 125 square metres (SMH). The Sydney Morning […]
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Image source: Sydney Business Park
Demand for industrial space expected for the North West
Posted date: October 7th 2014 . Author Gregory Preston .
After being cited as a ‘growth area’ by the government in the infrastructure plans of the 2014-25 NSW Budget, demand for industrial space in the North West is expected to grow. Recent Preston Rowe Paterson reports suggest there have been significant leases signed to industrial properties over 1,000sqm in the rental market. Macquarie Park emerged […]
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