10-12 Riversdale Rd, Newtown, sold for $2.5m. Two about-600sq m blocks were snapped up in a record-breaking industrial deal as the transition of Newtown's commercial precinct gathers pace. The $2.5m deal for 10 and 12 Riversdale Rd, Newtown , set a land rate of $2010 per square metre for the site overlooking Friers Reserve, which Darcy Jarman, Newtown agent Andrew Prowse said was extraordinary. 'We had an around $1500sq m achieved 9 months ago which at the time in itself was extraordinary,' Mr Prowse said.

https://www.realcommercial.com.au/news/newtown-property-sets-land-record-amid-parkside-purchase

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