Self-Managed Super Funds Seek Yields

Two sub-million dollar industrial investments have been sold to local investors by Gorman Commercial’s Andrew Prowse. Factory 1, 27 Carrick Drive, Tullamarine was sold for $540,000 on a yield of 5.2% and 20 Boileau Street, Keysborough was sold for $533,000 on a yield of 4.9%. Andrew Prowse remarked, “Both campaigns received strong, constant interest in particular from SMSF buyers looking for yields.”