High Demand for Office Rentals in Box Hill

Gorman Commercial’s David Minton and Tom Maule leased 38 Ellingworth Parade, Box Hill. The standalone 625 sqm office building with 24 car parks has been leased on a 5-year deal to Eighth Quarter Real Estate Group at a commencing rental of $173,000 per annum reflecting a rate of $277 per square metre. The deal was struck on a 3% incentive.