Colonial Sells Richmond Office For $18.35 Million

Colliers International directors Peter Bremner, Jeremy Gruzewski and Nick Rathgeber marketed the property, which sold on a rate per square metre of $3,583.

“Richmond Corporate Park is known as one of Melbourne’s best office parks, offering a combination of prime city fringe location, high quality improvements, blue chip tenancy and growth potential,” Mr Bremner said.

“The location, design features, tenancy profile and leasing performance are first-class, creating a proven and sound long term commercial investment with potential for significant medium term rental growth.”

PBA/SCC recently acquired a North Sydney office building from Becton.

 

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Marc Pallisco

Marc Pallisco

A freelance property writer and analyst, Marc is a co-founder of realestatesource.com.au.

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