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Frankston warehouse sells for $13.8m
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Carrum Downs
Carrum Downs Property Group has offloaded a warehouse at 75 Frankston Gardens Drive for $13.8 million in a deal managed by Colliers’
James Stott and
Gordon Code. The 9587 sq m building sold at a yield of 5.43 per cent. It was leased to Nov Mono on a 5.2 year WALE returning $750,244 per annum.
Carrum Downs Property Group has offloaded a warehouse at 75 Frankston Gardens Drive for $13.8 million.
Credit:
Moonee Ponds
Leased to a hairdressing salon, 10 Margaret Street has sold at auction for $1,093,000. CRS Property’s