Thursday 30 April 2009

Lidcombe. Properties sold for $4.01 million

An undisclosed private investor has bought a police station and courthouse complex, at Lidcombe, for $4.01 million, at auction. The properties have a total site area of 2834 square metres. The courthouse was sold with vacant possession. The police station was sold on a two-year leaseback to NSW Police at $39,000 gross rental. Robert Love and Frank Scarf, of Savills, handled the sale for the NSW Government.

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