Mill Park Office Building Leased to Government Tenant Sold with Over 200 Enquiries Received
Jonathon McCormack and Andrew Prowse of Gorman Commercial in conjunction with Knight Frank’s Tim Grant and Tom Ryan sold 14D Oleander Drive, Mill Park via an expression of interest sale campaign for $9,045,000 on a 4.6% yield. Across the campaign, the property received significant interest from a mix of national and international investors due to the Government tenant at hand. In excess of 200 enquiries were received with 15 EOI’s lodged. The successful purchaser was a local investor and existing management client.