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.

This 2-storey strata warehouse/office zoned IN1Z with a total floor area of 680 sqm on 488 sqm parcel of land was sold in an off-market deal. The property offered a recently refurbished office area and 8 on-grade car parks on title.