Wednesday 16 December 2009

Smeaton Grange. Motor group buys site

The Paul Wakeling Motor Group has purchased a 1.5-hectare site, in the Iron Bark industrial estate, at Smeaton Grange, for an undisclosed figure, from Investa Property Group. The deal took total sales in the estate to 16 lots and more than 6.7 hectares, with a total value of about $22 million, in the past two years, according to The Australian Financial Review.

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