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Michael McDonald CEO Raine & Horne real estate South Australia

Selecting an Agent

Hi I’m Michael McDonald, CEO of Raine & Horne South Australia. I have been in the real estate industry for nearly 20 years as a salesperson, property manager, and agency principal. I have also worked as industry educator and consultant to the marketplace in general.

On behalf of Raine & Horne, I would like discuss with you a few of the important decisions you will need to make when you are thinking of selling your property.

realestateVIEW.com.au grows by 40,000 listings

Four of Australia’s national franchise real estate groups have been secured by realestateVIEW.com.au, the national industry- owned property portal.

LJ Hooker and Raine & Horne groups nationwide are now feeding their listings to the site, in addition to the recent introduction of Belle Property in NSW, QLD and SA and the Ray White group nationally just over 18 months ago. These franchise agreements have added an additional 40,000 properties for sale and lease to be listed on realestateVIEW.com.au.

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Raine & Horne Darwin general manager Glenn Grantham

Property prices bouncing back

Raine & Horne Darwin general manager Glenn Grantham

A leading real estate agency has rejected forecasts the Darwin city property market is heading for a crash, saying the only way is up in 2015.

Raine & Horne Darwin general manager Glenn Grantham highlighted recent figures from CoreLogic RP Data that said Darwin real estate values fell by just 1.7 per cent in the three months to 31 October 2014.

He said it is a sign the market is very close to the bottom of the current cycle.

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Investors bank on CBA branches as Raine & Horne sells two at auction

Investors bank on CBA branches as Raine & Horne sells two at auction

Investors bank on CBA branches as Raine & Horne sells two at auction

Raine & Horne Commercial South Sydney/Marrickville has sold two Commonwealth Bank (CBA) branch premises at auction.

A private investor, Ausjo Holdings Pty Limited, secured 202-204 Beamish Street, Campsie (pictured above) for $6.9 million. The building is located on Campsie’s main retail strip, near Campsie Station and Campsie Centre. The property is 100 square metres and has a current rental price is $410,000 per annum.

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NSW: Industrial sale, 18-20 Edinburgh Rd, Marrickville

NSW: Industrial sale, 18-20 Edinburgh Rd, Marrickville

NSW: Industrial sale, 18-20 Edinburgh Rd, Marrickville

A FACTORY and office complex in Sydney’s inner west has sold for $2.4 million at auction.

The 984sq m building sits on a 892sq m site, fronting both Edinburgh Road and Murray Street.

It is leased until September 2016, returning $91,000 net per year.

PRICE: $2.4m

BUYER: Parg Pty Ltd

SELLER: Private investor

YIELD: 3.79 per cent

AREA: 984sq m (building), 892sq m (land)

AGENT: Nicholas Smith and Luke Smith, Raine & Horne Commercial

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