News & Media

STORY ACCREDITATION: The Border Mail A hole in the heart of High Street in Wodonga is set to be filled with the sale of O’Maille’s Pub. The 142-year-old pub has been laying dormant since it shut in April 2014.  L.J. Colquhoun Dixon agent Scott Mann said the new owners were a couple who were in the hospitality business in Melbourne.  “It’s a husband wife team - the wife is originally from Wodonga,” he said. “They had recently let go another asset…

WRITTEN BY: Cathy Wever December 14, 2015 STORY ACCREDITATION: Commercial Real Estate While residential property investment is often a well-travelled road to financial security, savvy investors are increasingly looking to invest in commercial property. So, what’s the attraction? Commercial real estate provides a tempting scenario for those prepared to explore the sector and take advantage of its benefits. Higher yields, lower management fees As residential rental yields continue to fall across our major capital cities, the higher yields achievable through commercial…

STORY ACCREDITATION: The Border Mail THE way has been cleared for a major revamp of Wodonga's Safeway supermarket on the corner of High Street and Elgin Boulevard. Wodonga Council has sold land facing the boulevard to a firm associated with Safeway's parent company Woolworths. The sell-off follows the council advertising the planned sale after its October meeting and not receiving any submissions. Council chief executive Patience Harrington said the land had been divested to AW James Pty Ltd, but ratepayers would…

STORY ACCREDITATION: The Border Mail   THE two-storey Corban Building in central Albury has changed hands for the first time in its 84-year history. Established in 1931 by its Lebanese owners, the property has been sold at auction for $1.51 million. The property comprises two ground level retail outlets and an upstairs three bedroom residence which are fully tenanted. Another Lebanese family, the Farrahs, built a similar property in Dean Street a year earlier. The Corban Building auction conducted by L.J.…

L.J Colquhoun Dixon Commercial Real Estate has won the 2015 Real Estate Institute of New South Wales (REINSW) Award for Excellence in the category ‘COMMERCIAL AGENCY – SMALL’. Presented at the 18th annual Awards for Excellence Dinner, the prestigious award was accepted by Director, Andrew Dixon, on behalf of the L.J Colquhoun Dixon team. The award was won from a field of five finalists selected across NSW, including four well-recognised Sydney commercial real estate agents. This was the result of…

RETIRED Adelaide doctor and grandfather Prahbash Goel is a family man. That’s why he paid $10.95 million for Bunnings warehouse in Swan Hill last week, bought to set up his two daughters and five granddaughters for life. He is one of a large number of mum-and-dad investors turning to the commercial property market, snapping up everything from pubs and bottle shops to childcare centres and even digital billboards. “A lot of these properties in the $10 million range are being…

STORY ACCREDITATION: The Border Mail Albury agency finalist in NSW real estate awards ALBURY’S LJ Colquhoun Dixon Commercial Real Estate has reached the finals of a state award the first time it decided to enter. LJ Colquhoun Dixon are proud to be a finalist in the Real Estate Institute of NSW Awards for Excellence  -  Small Commercial Agency catergory. http://www.bordermail.com.au/story/3307914/commercial-agency-in-nsw-finals/

Junction Place improvements to kick off shortly THE Promenade area in Junction Place will be the first upgraded under Wodonga Council’s $10 million federal government funding windfall. The Promenade is located between the former station building and Goods Shed on the land owned by Places Victoria. Wodonga mayor Rod Wangman said it had taken priority because Places Victoria had locked in tenants for the station building and Goods Shed. Cr Wangman said the funding documents would be signed with the…

A search has begun to find the Murray-Riverina region’s best businesses.  The NSW Business Chamber State Business Awards have a range of categories to enter at nswbusinesschamber.com.au by August 10, with each winner to then represent the area in the state finals. A gala dinner for the Murray-Riverina awards will be in Albury on October 2. STORY ACCREDITATION: The Border Mail

ELECTRICAL retailer Bing Lee will have an increased presence in the twin cities when a second store opens in the Mate's Building in central Albury in October. Bing Lee will occupy a 539 square metre tenancy on the ground floor of the Mate's Building which was extended to lure other retailers Harris Scarfe and Store and Order. Bing Lee opened in the Wodonga Homemaker Centre on the Murray Valley Highway last year. Crowe Horwath Property Securities, which manages the Mate's Building on behalf…

Youth cafe approval granted WRITTEN BY: DAVID JOHNSTON JULY 15 2015 - 1:53PM STORY ACCREDITATION: The Border Mail ALBURY’S replacement youth cafe to be built in QEII Square has been given the green light. Albury Council’s planning committee this week approved a development application for the youth cafe which was forced to relocate with its former home, Burrows House, incorporated into the $10.5 million art gallery redevelopment. The replacement cafe will be built at the back of the LibraryMuseum, but…

The site at the corner of Kaylock and Wagga roads is ready for development. Picture: KYLIE ESLER WRITTEN BY: David Johnston - FEBRUARY 7 2015 - 12:00AM STORY ACCREDITATION: The Border Mail THE former Caltex service station in Lavington has been sold for almost $1.4 million. Developers recently snapped up the site, on the corner of Wagga and Kaylock roads, after it failed to sell at auction last year. Both the service station and Hungry Jack’s restaurant on the site closed…