Investor snaps up entire Mulgrave industrial complex for $4.95 million
A Mulgrave industrial complex sold under the hammer for $4.95 million on Thursday. Located at 1-7/16 Rosemary Court, Mulgrave, the property…
RAY WHITE Commercial Oakleigh has defied all the obstacles that a Stage 4 lockdown puts in place by successfully selling three properties as site-unseen in three separate transactions.
Two units in Seaford’s Curie Court, one at 7/13-15 and one at 8/13-15(above), and 167 Buckley Street(below) in Noble Park were marketed and sold for undisclosed prices by Ray White Commercial Oakleigh Sales and Leasing Consultant George Kelepouris.
“These hat-trick of sales are testament to the fact that, with the right processes and the right property, buyers will stop at nothing to snap up their desired asset,” Mr Kelepouris said.
“There’s no doubt the demand for commercial property is still there and we’re expecting there to be real activity from the pent-up demand when restrictions are eased.
“The two units at Curie Court were purchased by owner-occupiers and offered architecturally designed warehouses in Seaford’s newest premier estate and benefited from being minutes away from major arterials and had excellent access to major freeways.
“Curie Court is an outstanding new project located within the much sought-after Seaford Industrial Precinct.
“Designed with cutting edge style, modern facade and function in mind, any purchaser or investor would be proud to be a part of this industrial estate.
“The property at Buckley Street was sold to a local investor on behalf of a local owner and offered a generous parcel of 220sq m* of land and a vacant 50sq m* of retail area.
“The building with a ground floor retail/office space was offered for sale via private sale. The property attracted three offers and was sold to the highest offer.”
*Approximately.
A Mulgrave industrial complex sold under the hammer for $4.95 million on Thursday. Located at 1-7/16 Rosemary Court, Mulgrave, the property…
Demand for quality industrial stock continues, as buyers run rampant in Melbourne in a bid to snap up their own…