91 Murphy Street, Richmond

Investor eyes are on Richmond right now with CityPulse’s March 2018 survey declaring the suburb as the best place to live in Melbourne. With its transition from an industrial centre to a tech hub after big name companies like the REA group, Seek, Uber, Tesla and Carsales moved in, other businesses who want to be part of this exciting energy are lining up to get a piece of Richmond’s commercial real estate.

Strata properties, particularly offices, are nothing new in the commercial space. A well leased strata office has long been seen as an affordable and relatively low risk way for conservative investors to enter the commercial property market.

Location continues to be the main driver for successful results - well placed properties in established and desirable suburbs with high quality tenants will always be the main drivers for attracting investor interest.