Securely Tenanted Office Suite Draws Interest from Investors

After a 4-week sale campaign, Stephen Gorman and Nathan May of Gorman Commercial sold Suite 6, 670 Canterbury Road, Surrey Hills to a local investor on a 5.6% yield. Stephen Gorman commented, “COVID-19 isn’t stopping yield seeking investors from chasing well leased investments.” The property sold on a building rate of $4,346 psm.