July 22, 2020 City Fringe, Collingwood, Factory, Industrial, Sold

GrayJohnson Continues to Transact During COVID-19

By Brett Simpson

A large 1,200 sqm factory with 8-metre clearance has been sold to a local owner-occupier for circa $8,400,000.

This represents a land/building rate of $7,000 PSM.

163-165 Islington Street, Collingwood features a corner position and provides additional off street carparking.

If you would like to know more about this sale transaction, please contact Brett Simpson on 0402 427 392.

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GrayJohnson achieved two property sales in difficult markets with limited buyers and a difficult finance/banking environment. In both cases, Matt, Rory and the team at GrayJohnson worked hard to ensure a result for both vendors.
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