SELLING YOUR COMMERCIAL PROPERTY

GormanKelly is pleased to announce the sale of Suite 7/1175 Toorak Road, Camberwell. After determining the stronger demand from owner occupiers Vs tenants in the current market and acknowledging the need for a change in direction.  

We embarked on a campaign to offer the subject property for Sale as well as Lease and were able to secure an owner occupier for the suite in the short space of four (4) weeks. We are thrilled for our Vendor and Purchaser and are now looking for more Suites for Sale with a number of active requirements needing to be filled. 

Download the sale results of this commercial property here.

Occupied by Toy World in excess of 30 years, 416 Glenhuntly Road sits diagonally opposite the new Coles development at the intersection of Orrong Road. Two bidders fought it out from start to finish and left other interested parties in their wake.

Download the sale results including sold price, area rate, and other details of this commercial property here.

The result confirms that the market remains very strong for established well-located investments.

Huge demand for Collingwood’s sought after commercial precinct sees warehouse investment sell at a net return of 4.1%, after 50 bids.

GormanKelly were pleased to see enquiry levels and interest in this precinct remain as strong as we have seen in our campaigns earlier this year. With a finite supply of similar opportunities, we saw excellent interest from both investors and potential occupiers, many of whom were prepared to wait out the six year lease.

If you are looking to find out more information on the sale price and rates for Unit 4, 80-86 Cromwell Street, Collingwood, feel free to contact us or click on the link below.

Download the sale results for this property.