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Michael Walls
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PROPERTY LEASED FOR $5M
PRIVATE investors paid over $5 million for a 3100-square-metre industrial facility, at 10 Peter Brock Drive, Eastern Creek. The property is leased to PPG Industries Australia to 2023 at an annual rent of $302,848.
STRATA UNITS SOLD FOR $2M
TWO strata units at 9 Tindale Street, Penrith have sold for its mortgage in possession for nearly $2 million. Gayatri Shonali Banerjee bought a 356-square-metre unit for $1 million to use for a medical practice and Graf Engineering paid $915,000 for a 371-square-metre unit as an investment
TWIN CREEKS DEVELOPMENT
THE Twin Creeks Development consortium, owner of the Twin Creeks Golf and Country Club, at Luddenham, has plans to capitalise on the site’s key location near Badgerys Creek airport to provide accommodation and conference facilities in Penrith.