November 5, 2019 City Fringe, Collingwood, Sold

Value Add Buyer Swoops on Premier Collingwood Site for Circa $8 Million

By Matt Hoath

GrayJohnson has recently sold 8 – 10 Peel Street, Collingwood prior to an EOI close.

It demonstrated the strong demand for city fringe commercial real estate.

It was a record land rate of $19,000 psm.

Understanding the local market is a critical point of difference in the current commercial market.

For more details, please contact Matt Hoath on 0418 543 714.

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Di & David Haggett
Communication throughout was first class. They helped us understand the market, our options and fought hard to get us a great price. We would highly recommend GrayJohnson if you’re looking for a commercial property partner.
Peter Kirkpatrick
Charter Keck Cramer
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.
Egbert Pereira
EPA Group Accountants
Matt was exceptional. He helped me understand the commercial market challenges, seller expectations and intricate purchasing processes at auction to secure the purchase. Promptness and clear communications were some amazing visible qualities.
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GrayJohnson were able to find us our new offices quickly and diligently. They continue to be professional and reliable in the management of our tenancy and are always available to assist with any matter if required.
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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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