Businesses Plan for Expansion once Restrictions are Lifted

Clarice Road, Box Hill has been a hive of activity during this April lock-down month with 3 deals being transacted. All three deals at 10, 11 and 22-24 Clarice Road were for varying sized industrial buildings with rents ranging from $120 sqm for the older style warehouse up to $170 sqm for a newer high clearance warehouse located adjacent to Bunnings. Dean Alexander of Gorman Commercial negotiated all three deals and said, “This is an encouraging sign with these businesses looking to plan for expansion once restrictions are lifted.”