West Melbourne site sold
Friday, May 2nd, 2008Sutherland Farrelly have sold an office, showroom and warehouse building in Melbourne’s fringe on a 5.27% yield.
Sutherland Farrelly have sold an office, showroom and warehouse building in Melbourne’s fringe on a 5.27% yield.
Two older style industrial factory/warehouse style properties in Reservoir, Victoria, have sold ahead of an on site auction.
Given the CPI reading for the March quarter of 2008, the cost of living
is increasing, with most of it being driven by essentials such
as rent, fuel, pharmaceuticals, and household energy needs.
According to Ray White Surfers Paradise CEO, Andrew Bell, the Gold
Coast property market is continually changing and requires extensive
knowledge and experience to be able to achieve desirable outcomes in
such a prolific market.