This 420sqm warehouse was sold as a tenanted investment for $1.4 Million reflecting a yield of 3.6% and a rate of $3,333/sqm for building area.
We are continuing to see strong demand to purchase from both owner occupiers and investors seeking industrial premises in the local area. The heightened demand combined with low stock is delivering very strong outcomes for vendors in the current market.
GK’s specialist Industrial Sales & Leasing team are proud to have achieved this outcome for our valued client. If you would like further information about this sale, or would like assistance with selling your commercial property, please feel free to contact us.
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