Investor buys well located Kew retail with a yield of 4.35% based on projected rental.
The vacant ground floor will be immediately marketed FOR LEASE enabling the Purchaser to land bank the site, whilst receiving a commercial return.
Click here or the image below to find out the sold price, land rate, and building rate of 659 High Street, Kew East in a downloadable PDF document.
Feel free to contact me if you are thinking of selling your commercial property.
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