Strong Lease Creates the Perfect Investment for Yield Starved Investors

With all the attention on CBD strata offices, it is clear the suburbs are achieving similar results. Stephen Gorman and Jonathon McCormack of Gorman Commercial sold Suite 2, 1127 High Street, Armadale for $1.7 million reflecting $10,691 per square metre. Stephen Gorman said, “With yields reducing to accommodate investors seeking to allocate their funds, we are seeing substantial building rates per metre being achieved. This strong lease to Burke & Associates Lawyers created the perfect investment for yield starved investors.”