A local owner occupier/investor had been on the hunt for some time looking for a freestanding industrial building. When all the available properties failed to fulfill their requirements, we took a traditional method by getting the buyer in the car, and simply drove him around the local industrial estates looking for off market options that looked suitable.
After seeing 7 Trade Street, Ormiston as an ideal option, the purchaser was interested in putting an offer to the owners. Though the property was not on the market for sale, being retirees, the previous owners were willing to downsize their portfolio, and we were able to lock the deal in for the purchaser.
Located in the sought after Trade Street precinct, 7 Trade Street contains three (3) separate units, ranging in sizes from 170-180sqm* and are suitable for most industrial uses. All units provide roller door access, 3 phase power and basic self contained amenities.
| Sold Date | 06/10/2020 |
| Sale Process | Private Treaty |
| Sale Price | $965,000 |
| Land Area | 1,000 sqm* |
| Building Area | 545 sqm* |
| Rental Yield | 6.8%* |
| Vendor | Horton Group Holdings Pty Ltd |
| Purchaser | GWP Super Holdings No 1 Pty Ltd |
* Approximately
The sale of the commercial property at 22–24 Bainbridge Street, Ormiston represented a significant milestone for a long-term client of RWC Bayside. Having been under the same ownership for many years and professionally managed by RWC Bayside throughout that period, the asset was exceptionally well maintained and demonstrated consistent performance. … Read more
In May 2025, Nathan Moore and Joel Kuchel of RWC Bayside were appointed by a long-term commercial client to oversee the sale of 7 Wardley Street, Capalaba, an NDIS-approved facility that had been operating as a respite day care centre. The property comprised a single-level, four-bedroom, two-bathroom brick residence on … Read more