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
Frankston warehouse sells for $13 8m theage.com.au - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from theage.com.au Daily Mail and Mail on Sunday newspapers.
Petrol station site sells for $3m
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Sunshine
An interstate service station operator has purchased a former fuel stop at 147-151 Devonshire Road for $3 million. CVA’s
Leo Mancino said the property’s current use could be upgraded or, alternatively, converted to residential units under its favourable NRZ1 Zoning.
The 100 sq m building on 230 sq m of land sold via expressions of interest for $930,000.
Credit:
Northcote
A small shop at 525 High Street packed a big punch. The 100 sq m building on 230 sq m of land sold via expressions of interest for $930,000. NSL Property Group’s
Petrol station site sells for $3m theage.com.au - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from theage.com.au Daily Mail and Mail on Sunday newspapers.