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Marc Pallisco

Marc Pallisco

Publisher and Reporter at

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Email address
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Influence score
31
Location
Australia
Languages
  • English
Covering topics
  • Industry
  • Local News
  • Real Estate
  • Commerce

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Recent Articles

realestatesource.com.au

Plastic surgeon institute buys base

Salta offered five strata offices (outlined) - four on the ground floor. The Melbourne Institute of Plastic Surgery has bought four strata offices forming the ground floor of an Abbotsford apartment complex, to amalgamate for
realestatesource.com.au

Time & Place snare prominent inner-city site

The Commercial 2 zoned site can yield a 10 level building. Time & Place has snapped up a prominent inner city Melbourne office/warehouse for a new arm. Time & Place is rumoured will develop self
realestatesource.com.au

Unikorn buys retail, childcare investment

North Wyong Village sold for $11.4 million. Unikorn Capital has bought a Central Coast retail and childcare centre investment. Also today we are reporting a Nowra retail complex sold. North Wyong Village, with an IGA,
realestatesource.com.au

Not for profit banks $24m from site

The Middle Ridge site was marketed for it potential to yield 342 dwellings. The Endeavour Foundation has sold a Toowoomba estate bequeathed to it. Endeavour in 2016 engaged a planner for a 108-lot subdivision. The
realestatesource.com.au

Toowoomba motel, cabins sold after 30 years

The two hectare Kearneys Spring site is zoned Major Centre. A sprawling suburban Toowoomba hotel and caravan park has sold to an operator. The two hectare Jeffery's Motel in Kearneys Spring cost $9.53 million following
realestatesource.com.au

Benetas buys Roxburgh Park aged care complex

The Roxburgh Park facility contains 98 rooms. Benetas has settled on the purchase of the Moran Roxburgh Park aged care facility. Summerset bought a Craigieburn site in 2021. The 98 room, 132-bed complex, 3 Wedgewood
realestatesource.com.au

Aged care investment trades for $15m

The Ashmore complex houses 62 residents. An aged care facility in Gold Coast’s exclusive Ashmore traded at auction last week contested by three suitors. The $15 million result for Cotlew Manor at 129 Cotlew Street
realestatesource.com.au

Diagnostic imaging clinic portfolio fetches $18.6m

The Adamstown property sold for $5.85 million. Three PRP Diagnostic Imaging backed investments sold at auction yesterday. The priciest, in Hornsby, west of Sydney (pictured, top), traded for $9.5 million – a 5.44 per cent
realestatesource.com.au

Interstate investor buys Bunnings pre-auction

Bunnings Horsham sold after 10 days on the market. A Perth investor has bought Horsham Bunnings following a pre-auction offer reflecting a six per cent passing yield. Charter Hall sold Bunnings Taree to the City
realestatesource.com.au

Public Transport Authority buys office from landlord

The Public Transport Authority's lease was set to expire December. The Public Transport Authority of Western Australia has bought a Perth CBD office from the landlord. The Stirling Street office cost $30.25 million including GST.
realestatesource.com.au

Barwon takes haircut on medical-office investment

The Park Road property (outlined) has development upside. Barwon Investment Partners has taken a hit selling a medical-office investment after four years. The Milton asset returns $1.4 million annual net rent. The Red Cross headquarters
realestatesource.com.au

First time commercial real estate investor buys preschool

The 117 place centre sold for $7.9 million. The 10 year old Bingara Gorge Community Preschool has sold to a first time commercial property investor, also a doctor, who recently moved to Australia. The $7.9
realestatesource.com.au

Avive chooses site for maiden SA hospital

Avive Mornington Peninsula has 60 beds. Australia's only psychiatrist owned and operated mental health group, Avive Health, has pre-committed to a 60 bed private hospital – its first in South Australia. The five level complex
realestatesource.com.au

Hale buys $50m Melbourne warehouse to extend

A proposed tenancy at the Oakleigh South cold storage facility. Hale Capital has quietly bought Oakleigh South’s recently vacated Synnex headquarters with plans to extend and repurpose it as a cold storage distribution centre investment
realestatesource.com.au

Not for profit, SC Capital find Parramatta tenants

Not for profit, SC Capital find Parramatta tenants
realestatesource.com.au

Yamaha HQ trades between asset managers

Also today, we are reporting Centuria sold a Richlands warehouse. Clarence Property Group has snapped up Yamaha Motors Australia’s state headquarters and distribution centre. The Murarrie property collects annual net rent of c$3,053,000. The $42
realestatesource.com.au

Investors still targeting childcare centres

The 132 place Werribee complex has ground and upper floor play areas. Childcare centres are continuing to find favour with investors despite recent negative industry coverage including this month, a state government child safety report.
realestatesource.com.au

Occupiers trade Keilor Park office/warehouse

The McGregors Drive building contains 676 square metres of offices. Commercial plumbing contractor Cooke & Dowsett has paid $11.5 million for a modern office/warehouse diagonally adjacent to its local headquarters. Multivac bought 53 Harrick Drive
realestatesource.com.au

Asset managers, developer drop $77m in south Perth

Satterley and Centuria have snapped up a Banjup site. The 7.03 hectare block on Armadale Road set the pair back $42.35 million. Divided with a road, the northern part abuts the Centuria Cockburn East bulky
realestatesource.com.au

Not for profit sells Brisbane office

The Annerley office cost $4.68 million including GST. An independent not-for-profit has old a suburban Brisbane office after almost exactly 20 years. The National Association of Testing Authorities, Australia, or NATA, banked $4.2 million for
realestatesource.com.au

Asset managers trade Perth industrial park

The Bibra Lake asset contains eight buildings. Corval has snapped up a 10 year old Bibra Lake industrial park. The 2.81 hectare asset, 16 Aspiration Circuit, cost $34.6 million following an off-market campaign. The Bibra