Dynamic Brisbane duo launch RWC Gateway
After working together for almost a decade, commercial real estate team Jared Doyle and Jack Gwyn have taken their business to the next level, opening RWC Gateway.
Moorabbin Investment Sold at Auction for 4.2% Yield
A warehouse/office investment opportunity in the heart of Moorabbin in Melbourne’s south-east has been sold at auction by Ray White Commercial Oakleigh for a 4.2 per cent yield.
The approximately 238 sqm building at 8/94-102 Keys Road, Moorabbin, was sold under the hammer to a local investor for $570,000 by Ray White Commercial Oakleigh’s Ryan Amler and Joshua Colosimo on behalf of a private investor.
Ryan Amler said the yield was a record low for industrial property in the area.
“We had some very strong bidding from approximately six bidders with fierce competition right until the end,” he said.
“There is still very strong demand for these types of investments for Self-Managed Superannuation Funds.”
Joshua Colosimo said the tenanted warehouse and first floor office are located in a busy business park estate.
“The property was leased to a long-standing tenant giving investors great comfort,” he said.
After working together for almost a decade, commercial real estate team Jared Doyle and Jack Gwyn have taken their business to the next level, opening RWC Gateway.
In the dynamic and ever-evolving world of real estate investment, one key decision can make all the difference in the success of an investor’s portfolio: the choice of their management team.