Case Studies

7 Trade Street, Ormiston

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.

Sales Analysis

Sold Date06/10/2020
Sale ProcessPrivate Treaty
Sale Price$965,000
Land Area1,000 sqm*
Building Area545 sqm*
Rental Yield6.8%*
VendorHorton Group Holdings Pty Ltd
PurchaserGWP Super Holdings No 1 Pty Ltd

* Approximately

0
Up to Date

Latest Case Studies

  • 13/685 Old Cleveland Road East, Wellington Point

    Hugh Fletcher, Sales & Leasing Associate at Ray White Commercial Bayside, was charged with finding a new tenant for 13/685 Old Cleveland Road East, Wellington Point. The tenancy, previously a Nando’s outlet, was located in the highly successful Horizon @ Wellington Point shopping village and had been vacant for over … Read more

    Read Full Study

  • 1422 New Cleveland Road, Capalaba

    The award-winning sales and leasing team at Ray White Commercial Bayside sold this 9,838m² site to new owners in mid-2021. With multiple buildings and a total NLA of 1,480m², the property was subject to a number of short term leases to tenants who had been in place for an extended … Read more

    Read Full Study