Office Strata Sold - Building Record - Nearly $6,000 per sqm
Tom Doran ?
![Tom Doran ?]()
Tom Doran ?
Saving strata managers time ? and their committees ?? by running competitive electricity & gas tenders for common areas, best of all its free of charge. Call me on 0407 928 324.
Great job Rick Doran & Steve Kalyk exchanging suite 10 of 20 Young Street, Neutral Bay this morning for a building record!
The office is 245 sqm and has 3 car spaces.
Key points of sale
- Buyer came from our data base pre campaign launch (saving our clients thousands in marketing)
- Rate per sqm was a building record of a tick under $6,000 per sqm.
- Offices was 245sqm reaffirms the strength of larger strata’s which are very hard to find.
The offices sales and leasing market is dynamically shifting with a number of forces pushing up prices
- Lack of new office stock
- Significant absorption of offices into residential usage
- Hunger for office stock from investors competing with owner occupiers
With the market moving so quickly please call me to have a quick chat about what you space is worth in TODAYS market on 0407 928 324.