Burwood freehold investment smashes reserve by $140,000
A LOCAL investor has purchased the freehold of Burwood’s ‘Easy East’ restaurant under the hammer as 26 Burwood Highway sold for…
St Kilda Road Office Investment Sold
An office investment opportunity in a prominent building on Melbourne’s St Kilda Road has been sold by Ray White Commercial Oakleigh.
The tenanted property at 214/434 St Kilda Rd, Melbourne, was sold for $313,500 to a self-managed superannuation fund by Ray White Commercial Oakleigh’s Ryan Amler on behalf of a private owner for a yield of approximately 5.7 per cent.
Ryan Amler said the 100 sqm office in an immaculate building is leased to a consultancy firm and returns gross rental income of approximately $30,000 per annum.
“This property has an established tenant who has just signed a new two year lease,” he said.
“The office suite is spacious with a reception area, five private offices and an abundance of natural light.
“The amenities in the building include a gymnasium and a bustling café on the ground floor.
“It’s ideally located with public transport on its doorstep.”
A LOCAL investor has purchased the freehold of Burwood’s ‘Easy East’ restaurant under the hammer as 26 Burwood Highway sold for…
AN OWNER-OCCUPIER has bought an industrial warehouse/office in a securely gated estate as Clayton South’s 67/266 Osborne Avenue sold at auction for $560,500 –…