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Sydney’s Takeaway Habits

Online delivery service Delivery Hero discovered a four interesting facts about Sydney residents’ palates for takeaway orders: Pizza comes top at 32% of all takeaway orders. Thai cuisine comes second at 30%, a favourite in the Eastern Suburbs, Central West, Inner West, Lower North Shore and the Fairfield-Liverpool areas. Chinese cuisine accounts for 15% of …

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Deals Done – July 2014

Clearpoint has sold a vacant 304sqm strata retail shop in Lane Cove for $1,485,000 pre-auction in July. The property was purchased by a private investor. Caltex has leased a 1,500sqm service station site through Clearpoint in Chittaway on the Central Coast. A private investor has purchased an 8,000sqm leased industrial investment in Somersby on the …

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Money is Cheap

Put simply, money is cheap. Clearpoint is seeing a high level of activity in the market, particularly from investors. David Scholes of Auctionworks (who auction over $30 million of property every week), commented recently that leased investments are in demand over vacant property. There also looks to be a resurgence of the self managed super …

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REA Group deserves their market leadership position: Stephen Rose’s insight

REA Group deserves their market leadership position. They are the global benchmark in real estate website portals. There are two reasons for their success: They’re very good – with a well managed highly skilled staff A tame competitor – in Fairfax’s Domain. Stephen Rose, CEO of commercialpropertyguide.com.au has more to say. Both REA Group and …

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Deals Done

The pre-financial year run is in full flight, with 1,048sqm of retail stock under offer in May through Clearpoint. David Scholes of AuctionWorks, who sold $68 million in property last week, says the strongest sales demand is from investors looking for property with quality long term tenants underpinning returns.

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