Strength in the Local Owner Occupier Market

Arguably one of Melbourne’s best industrial complex, Unit 22, 25-37 Huntingdale Road Burwood sold to an owner occupier for $720,000. Comprising a building area of 200 sqm, ground floor area of 135 sqm and open mezzanine area of 65 sqm, the sale presented a strong rate of $3,600 psm. The property included two on-site carparks. Selling agent Dean Alexander of Gorman Commercial said, “The strong result reflected the strength of the local owner occupier market.”