Investor Shrugs Off Stiff Competition In Battle For City Fringe Office

By Samuel Torrance March 22, 2019

71 Oxford Street, Collingwood_SOLD

Multiple bidders battle it out for a rare City Fringe freehold office with interest from Investors, Developers and Occupiers alike culminating in over 50 bids.  The sale was a pleasing result to the Vendors who have owned the property since its construction over 30 years ago.

71 Oxford Street, Collingwood_2

71 Oxford Street, Collingwood_1

This partially leased investment of 448 sqm NLA complimented by 14 onsite car parks is set to undergo an ‘Inner City Creative’ make-over and be re-offered to the market for lease as one of Collingwood’s best located and highly sought after smaller office buildings with areas ranging from 96sqm – 230sqm.

If you wish to see the sale results of this property, click here to get all the details in a downloadable PDF document.

Download Commercial Property Sale Results

If you wish to discuss the sale results further, or are thinking of selling your commercial property, feel free to contact me today.

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Samuel Torrance

Written by Samuel Torrance

A Bachelor of Commerce and a background in finance and hospitality provided Sam the ideal platform from which to launch his career in commercial real estate with GormanKelly.

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