- Continued strong demand and short supply
- Limited new construction
- Strong interest from local tenants with SMSF money to purchase and owner occupy
- Yields for leased investments sitting at around 4%-5%.
Recent Industrial Sales Completed by GormanKelly in Melbourne’s Outer East Include:
636 Whitehorse Road Mitcham
SOLD: $12 Million Off-the-Plan unit sales
Units 1, 2 & 3/ 209 Liverpool Road Kilsyth
SOLD: $1.75 Million
10/56 Norcal Rd Nunawading
SOLD: $1.275 Million
2 Richards Street Mitcham
SOLD: $845,000
6/18-20 Redland Drive Mitcham
SOLD: $850,000
Contact me for all your outer eastern industrial sales, leasing and property management needs.