Industrial Investment Sells on 3.7% Yield

Gorman Commercial is delighted to announce the sale of Unit 33, 44 Sparks Avenue, Fairfield which sold under the hammer at auction.

  • Sold: $790,000
  • Bidders: 5
  • Yield: 3.7%
  • Building Rate: $4,514 psm
  • Purchaser: Local Investor

Income producing assets continue to be highly sought after and are selling on exceptionally low yields in the current market.

It was a pleasure working alongside transaction manager, Heath Bedford, of HRB Property Advisory to achieve an excellent price for the vendor.