Huge Interest in Oakleigh Retail – Sold to Local Investor

Stephen Gorman and David Minton of Gorman Commercial sold 28 Station Street, Oakleigh for $855,000 to a local investor. The two-level retail/residential freehold located metres from Oakleigh Central was sold with a 4-year lease returning $36,356 per annum reflecting a 4.2% yield.