Skip to main content

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

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

GK Industrial Sector Remains In High Demand

By | 12/07/2022

636 Whitehorse Road Mitcham_Sold
  • 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.

Contact Us
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

Contact Us

Subscribe To Our Market Updates

  • This field is for validation purposes and should be left unchanged.