September 19, 2019 City Fringe, Industrial, Office, Richmond, Sold, Warehouse

Trophy Swan Street Site Sells for Circa $10 Million

By Matt Hoath

GrayJohnson has recently sold 488-490 Swan Street, Richmond via EOI for circa $10 million.

The property consisted of a valuable landholding of 1,165 sqm approx. with a quality office/warehouse of 935 sqm approx.

The property was leased to Austral Bricks for $186,000 pa on a short term lease arrangement.

Our campaign generated strong interest with 6 EOIs lodged.

For more information, please contact Matt Hoath on 0418 543 714 or Rory White on 0439 655 504.

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To date, they have achieved just shy of $20 million in sales, for 27 properties and have just been appointed to sell another. We wouldn’t hesitate to recommend Matt, Rory and their team at Gray Johnson to sell your commercial property.
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Rory White helped us sell our offices in Richmond. He was professional, accessible and passionate about getting a good result (which he did). I would definitely use again.
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I loved the fact that they had my back, negotiated hard and kept me up to speed through the whole process. The fact is they know what they're talking about, they have the insights and I benefited from that.
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We would like to put on record our genuine appreciation and commendation for the services provided by the GrayJohnson sales team. The final negotiations were handled with the utmost professionalism and skill.
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Balance Property Partners
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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