City Fringe Remains Buoyant Against Market Trends
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.