Strata Office Investments
In less than 2 weeks, Gorman Commercial’s Stephen Gorman and Alex Browne sold separately Suites 3 & 14, 208 Canterbury Road, Canterbury. Both sales prices combined represented a yield of 4.8% which correlated to an astonishing rate per square metre of $8,350/sqm.
Alex Browne commented, “This is another great example of the demand for strata office investments. Self-Managed Super Fund buyers are very active at the moment and we were able to achieve a great result in a short amount of time for those seeking yield in quality investments under $1 million”.