Strata Offices in Demand from Investors and Owner Occupiers

Gorman Commercial’s Alex Browne and David Minton successfully sold Suite 210, 12-14 Cato Street, Hawthorn East for $1,160,000. The 202 sqm office reflects $5,742 per sqm which sets a new record in the building, only beating the pair’s result two weeks ago. “Strata offices continue to be in strong demand from both owner occupiers and investors. We are seeing values rise significantly which is proving positive for those owning similar properties,” Alex Browne said.