COMMERCIAL REAL ESTATE NEWS, TRENDS AND INSIGHTS
GREATER KNOWLEDGE LEADS TO SMARTER DECISIONS

26YEARS
$
OF PROPERTY INSIGHTS
10,000
+
LOCAL INVESTORS REACHED

Industrial Sector Remains in High Demand

By | 12/07/2022

  • 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.

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Glenn Neilson

Written by Glenn Neilson

For over 20 years, Glenn has been selling and leasing commercial property with a particular focus on the industrial market located within Melbourne’s eastern corridor.

Let us help you take the first step towards growth & greater knowledge with GormanKelly

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