27/03/2025
π¨ SOLD for $3,080,000! π¨
We are thrilled to announce the sale of this incredible property at 63 Davies Road, Padstow! π
π° Final Sale Price: $3,080,000
π Rate per mΒ²: $5,074
π 4.1% Net Yield π’
This free-standing building on the busy Davies Road offers:
β
Internal clearance height of up to 7m
β
Container access with ample parking π
β
Prime exposure in a high-traffic area
β
Well-presented showroom and office space π
The tenant has occupied the property for 38 years, and is a well-known stair manufacturer ποΈ, making it a secure investment for the lucky buyer! π
A huge shoutout to Robert McLaurin and Arthur Mihail for their hard work and dedication in securing this deal! π Their tireless efforts and commitment truly paid off after several months of working on this sale.
A big congratulations to the new investors, who are beyond excited to have secured this fantastic property with a long-term lease! ππ
If youβre looking to invest in prime commercial property, get in touch! π