Case Studies

7/45 Canberra Street, Hemmant

An Owner/occupier has purchased this 262m²* office/warehouse strata in Hemmant.
Due to the lack of quality strata properties currently on the market, the property was purchased with a lease in place acting purely as holding income until the purchaser wishes to take up occupancy.

The building consists of 62m²* of quality office over two levels and 200sqm* of clear span warehouse. Dual roller doors offered the unique opportunity for drive through access.

The sale price achieved equates to $1,798/m² which is inline with current average market prices. The marketing budget included a priority internet listing, professional photos and a 6ft x 8ft signboard. The marketing campaign generated a number of enquiries, the majority off the signboard by neighbouring strata estates. However the purchaser of the property viewed the listing on realcommercial.com.au and contacted the office for inspection.

Sales Analysis*
Building Area:264m²
Vendor:Private Investor
Sale Date:31/03/2014
Sale Type:Vacant possession
Enquiries:21
Sale Process*
Process:EOI
Marketing Time Frame:90 days
Marketing Budget:$2,932.00
Days on Market:30 days
Sale Price:$470,000.00

*approx

0
Up to Date

Latest Case Studies