After 66 years of ownership, the vendors have successfully sold two adjacent Brunswick warehouse showrooms. The sale, managed by Raff De Luise and Julian Materia from Gross Waddell ICR, marks a significant transaction in Melbourne’s property market.The campaign attracted over 100 enquiries and a substantial number of inspections, demonstrating strong interest from prospective purchasers. According to the agents, both properties garnered positive feedback and generated interest from local as well as interstate buyers.The properties were ultimately sold to two different purchasers: 270-272 Victoria Street was acquired by an investor at a sale price reflecting a yield of 3.4%, while 274 Victoria Street was purchased by an owner-occupier. The combined sale price underscores a mixed-use land rate of $4,088 per sqm and a building rate of $5,193 per sqm.Previous ArticleNext Article
The campaign attracted over 100 enquiries and a substantial number of inspections, demonstrating strong interest from prospective purchasers. According to the agents, both properties garnered positive feedback and generated interest from local as well as interstate buyers.The properties were ultimately sold to two different purchasers: 270-272 Victoria Street was acquired by an investor at a sale price reflecting a yield of 3.4%, while 274 Victoria Street was purchased by an owner-occupier. The combined sale price underscores a mixed-use land rate of $4,088 per sqm and a building rate of $5,193 per sqm.Previous ArticleNext Article
The properties were ultimately sold to two different purchasers: 270-272 Victoria Street was acquired by an investor at a sale price reflecting a yield of 3.4%, while 274 Victoria Street was purchased by an owner-occupier. The combined sale price underscores a mixed-use land rate of $4,088 per sqm and a building rate of $5,193 per sqm.Previous ArticleNext Article
