GormanKelly successfully sold 3 of 3 auctions in Tunstall Square on Friday 25th November, 2011.
All properties offered long term leases with rents ranged from $900 - $1,100 per m², and with guarantees attached, provided confidence to the investor.
67a Tunstall Square, Doncaster East
▪ Leased to iCare Beauty - 36m²
▪ SOLD at auction for $486,000, representing a yield of 6.99%
67b Tunstall Square, Doncaster East
▪ Leased to Australian Red Cross - 99m²
▪ SOLD at auction for $1,465,000, representing a yield of 6.48%
67c Tunstall Square, Doncaster East
▪ Leased to Qi Master Authentic Chinese Massage - 70m²
▪ SOLD at auction for $1,170,000, representing a yield of 4.95%
