Without reserve

By Carolyn Cummins
Updated March 28 2015 - 12:08am, first published March 27 2015 - 11:45pm

Australian Property Opportunities Fund II (Fund), has made its first foray into NSW with the $26.4 million acquisition of the Newtown Central, a shopping centre located in Sydney's inner west, from  Monash Private Capital Pty Ltd and Diamond Properties. It was brokered through Savills and Colliers International, with settlement expected in April.  David Rogers, director of investments for Fort Street Real Estate Capital, said Newtown is the first NSW based asset in the fund and compliments the two Queensland assets, Northpoint Shopping Centre in Toowoomba and Birkdale Fair in Brisbane.