Strong Purchaser Demand for City Fringe Offices

Friday, November 3rd, 2017

GrayJohnson has finalised two sales at 1 Bik Lane, Fitzroy North on behalf of a prominent advertising agency.

 

Both buildings were sold privately to local buyers.

 

Building 1:

130 sqm approx. sold for $985,000

A record rate of $7,577 psm

 

Building 2:

400 sqm approx. sold for $1.9 million

A land/building rate of $4,750 psm

 

The hot spots for owner-occupiers in the current climate are:

Fitzroy

Fitzroy North

Carlton

Collingwood and

Abbotsford

 

If you are in the market to buy or sell, please call Matt Hoath on 0418 543 714 or Rory White on 0439 655 504.