This article is from the Australian Property Journal archive
A PRIVATE investor has acquired a 3,338sqm industrial building in Sydney’s Auburn for $6.66 million.
The 8 George Young Street site comprises an office and warehouse facility and sold on a 6.2% yield with a WALE of 4.5 years.
David Lidgard and Marco Chiodo of JLL sold the property on behalf Zou.
The agents said the sharp return of the deal highlighted the appetite for investment in the Sydney’s central west industrial precinct.
The property is located close to Regents Park railway station and near the M4 and M5 Motorways.
Australian Property Journal
