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APBC to Sell Retail Component of 480 Collins Street, Melbourne

CBRE’s Mark Wizel, who is marketing the property with Max Cookes and Sebastian Drapac, says average yields for sub $2 million retail investments – of which all the APBC shops are – now circles between 5 and 6 per cent, an improvement on the average 6 to 6.75 per cent, recorded last year.

About Marc Pallisco

Marc is a leading Real Estate freelance writer, author and analyst. He is also the founder for Realestatesource.com.au and is also employed as lead property writer for The Age. He currently resides in Melbourne, Victoria.

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