The latest research from Norwest Cityscope shows a decrease in the total value of sales over the last quarter. For the three months to October 2017, there were 25 sales at a total value of $52.2 million, compared to the 37 sales at a total value of $72.9 million for the three months to July 2017. 

This data brings the 12-month total to $168.5 million, a substantial decrease from the $507.2 million recorded the same time last year.

The table below shows sales recorded for the last eight updates of Norwest Cityscope.

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Notable sales recorded in the October 2017 update of Norwest Cityscope include:

  • 8 Solent Circuit, Baulkham Hills, a two-storey office and warehouse building of 4,876 sqm with parking to the  rear and side for 100 vehicles on a site of 11,750 sqm, which was sold for $18.35 million; 
  • Lot 23 in Building E of Lexington Corporate at 24-32 Lexington Drive, Bella Vista, comprising 1,031 sqm office space on level one of a seven-level concrete and glass commercial complex, with a terrace plus 27 covered car spaces on parking level P3 and 21 covered car spaces on the lower ground level, which was sold for $6.05 million through THiiNK Commercial Bella Vista and
  • Lot 13 in Norwest Sky City at 22 Lexington Drive, Bella Vista, an office warehouse unit of 1,322 sqm plus 41 car spaces on level one, which was sold for $4.675 million through Colliers International Sydney West.  
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Some strata properties for sale in the October 2017 update of Norwest Cityscope include:

  • Lot 30, known as suite 301 in the Q Central Norwest at 10 Norbrik Drive, Bella Vista, comprising 591 sqm office space on level 3 of the four-storey concrete and glass commercial building, plus 318 sqm of parking area on basement level 1 and 45 sqm parking space on the ground level, which is available for sale with an asking price of $3,150,000 through Norwest Commercial & Industrial Baulkham Hills; 
  • Lot 54, known as suite 504, a 168 sqm office suite on level five of the five-storey building known as 10 Norwest Central at 10 Century Circuit, Baulkham Hills, plus 84 sqm parking on ground and basement level two; which is available for sale with an asking price of $1,200,000  through Norwest Commercial & Industrial Baulkham Hills and
  • Lot 46 (known as suite B104) in Norwest Sky City at 20 Lexington Drive, Bella Vista, a 48 sqm office suite on level one of the North Tower, with a 26 sqm parking area on car park level 1, which is for sale by auction on 15 November 2017 through Norwest Commercial & Industrial Baulkham Hills.

Significant leasing opportunities in the October 2017 update of Norwest Cityscope include:

  • Lot 17 in Q Central Norwest, a 590 sqm office suite on level 2 plus 316 sqm parking on basement level 1 and 38 sqm parking on ground level, lot 18, a 96 sqm office suite on level 2 and 61 sqm parking on basement level 2, lot 19, a 95 sqm office suite on level 2 and 59 sqm parking on basement level 2, lot 20, a 111 sqm office suite on level 2 and 61 sqm parking on basement level 2 and lot 50, a 218 sqm office suite on level 2 plus 104 sqm parking on basement level 1 and 14 sqm on ground level, are all available through THiiNK Commercial Bella Vista and
  • Century Estate, 2 Solent Circuit, Baulkham Hills, a group of commercial and industrial buildings ranging from two to six storeys, built in 2003, which has office space of 2,914 sqm available through Norwest Commercial & Industrial Baulkham Hills and Knight Frank Sydney West.