leichhardt’s popular norton plaza shopping centre hits the market

by:Rocket PCB     2019-12-17
The popular Norton square is on sale for up to $0. 15 billion.
Source: there will be some changes after the owner of leichhart\'s largest shopping center sells the property.
Norton Fund Management is selling Norton square, which covers an area of 0. 15 billion square meters, and is expected to sell it for about US dollars.
According to corellogic, a successful sale at this price will break a record of its highest payment of nearly $40 million in suburban properties.
MORE: Arthur Lloyd bought the Oxford Hotel. Known as one of Sydney\'s top performing developers in the inner western suburbs, 6 km from Sydney CBD, Norton square is a convenient food-
Headquartered in the heart of Coles supermarket, Harris Farm Market and 50 retailers.
Norton Plaza\'s performance was strong, with shares 36 cents higher than the benchmark.
Source: The first home buyer plan proposed by supply how, Lachlan MacGillivray of worksColliers International and Nick Willis of CBRE were appointed to sell the property through the interest expression campaign.
Mr Willis says it is rare to have a free shopping mall for sale near the CBD.
\"The sale of Norton square will mark the second sale in more than a decade,\" he said . \".
Willis said that given the size and performance of the center, local and overseas investors will have a strong interest in the center.
Norton square was once the jewel in the crown of Roy and Ron medch real estate empire.
They built the mall for $23 million in the 1990 s and then sold it for $0. 112 billion in 2007.
The Norton square and Norton center cover an area of 12104 square meters.
Source: There is also a large Harris Farm Market.
Source: After the sale, Ron and Roy parted ways and parted ways.
Ron Medich was later convicted on April 2018 and is currently serving 39-
He was jailed for one year for ordering the murder of businessman Michael McGurk\'s 2009 contract.
Norton square is located in the booming retail district center of Norton Street and has received more than 3 people.
4 million tourists are received each year.
The company has 364 parking lots with net income of $8 for full rental.
0. 701 billion per year
The other part of the sale is the adjacent Norton center, which has tenants including Westpac and Toni & Guy.
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