This article is from the Australian Property Journal archive
A TENANTED office investment at 480 Collins St Melbourne has sold for $155,000 on a 7.1% yield.
The approximately 27.5 sqm office at 303A/480 Collins St Melbourne was sold by Ray White Commercial’s Brett Diston.
“This was a solid investment opportunity with the office returning net rental income of $11,152 per annum,” Diston said. “The tenant has a 1+1+1 year lease for this premium office investment on sought after Collins St,”
Australian Property Journal
