Local investor purchases Mitre 10
Tuesday, July 29th, 2008A showroom and warehouse facility that is tenanted to Mitre 10 on a long term lease in
Drouin, Victoria, has sold at auction to a local private investor.
A showroom and warehouse facility that is tenanted to Mitre 10 on a long term lease in
Drouin, Victoria, has sold at auction to a local private investor.
A fully-leased office building in Mount Hawthorn, Western Australia was
sold at auction on a yield of 9.3% by agents of Jones Lang LaSalle.
New leases and a recent sale in Port Melbourne’s commercial precincts
by Gray Johnson have reflected demand for quality office and warehouse
accommodation by both tenants and owner occupiers.
According to Colliers International Townville Research, Townsville is a
regional retirement growth centre that is quickly reversing the past
trend of making money and moving south, attracting the next wave of
retirees, dubbed the ‘Grey Diamonds’.