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Multiple servos sell in portfolio auction

Property Markets / Transactions

Australia

Oct 21 2017

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Simon Johanson, The Sydney Morning Herald

Three service stations and a bank-leased building have sold for $14.4 million in the latest portfolio auction conducted under the banner of Cushman & Wakefield.

Cushman's inaugural portfolio auction held across sites in Sydney and Melbourne achieved a 66 per cent clearance rate after a portfolio of three Caltex petrol stations with 15-year leases in place and a property tenanted by National Australia Bank in Wagga Wagga sold.

Go to The Sydney Morning Herald and read the full story.

SOURCE: The Sydney Morning Herald

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