Ray White Group Returns Auctions to National Spotlight with Record Result
A 250 person strong crowd witnessed the record sale of an Australian hotel by auction, when the Asia Pacific Director of Hotels Andrew Jolliffe sold the Tennyson Hotel to Justin Hemmes yesterday for $37.05m.
This strong demand resulted in excellent competition at auctions with vendors invariably delighted that they had agreed to a formal marketing campaign for their property.
By the numbers: Capital city residential property wrap up
An ASX long term investment report has revealed that property was the best performing asset class in Australia for the entire decade prior to 2016 (returning 8 per cent per year on average).
By the numbers: Capital city residential property wrap up
An ASX long term investment report has revealed that property was the best performing asset class in Australia for the entire decade prior to 2016 (returning 8 per cent per year on average).