City Fringe Remains Buoyant Against Market Trends

By Aldo Galante November 29, 2018

80-86 Cromwell Street Collingwood_SOLD

Huge demand for Collingwood’s sought after commercial precinct sees warehouse investment sell at a net return of 4.1%, after 50 bids.

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GormanKelly were pleased to see enquiry levels and interest in this precinct remain as strong as we have seen in our campaigns earlier this year. With a finite supply of similar opportunities, we saw excellent interest from both investors and potential occupiers, many of whom were prepared to wait out the six year lease.

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If you are looking to find out more information on the sale price and rates for Unit 4, 80-86 Cromwell Street, Collingwood, feel free to contact us or click on the link below.

Download the sale results for this property.

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Aldo Galante

Written by Aldo Galante

For over 30 years, Aldo has been at the forefront of Australia’s fast-evolving property industry. He served as President of the prestigious Australian Property Institute (Vic), providing determinations on rent-reviews and valuations

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