Trident Financial Services has acquired a Surrey Hills office to occupy.
The double storey building at 268 Canterbury Road, on the south east corner of Redvers Street, set it back $9.7 million.
The buyer will renovate, then later this year, relocate from neighbouring Canterbury.
The deal comes six months since Troon Group and MaxCap banked more than $28m from a three-storey office at 3-7 Hamilton St, in the pocket.
In mid-2019, 635 Canterbury Rd, Surrey Hills, traded for $5.7m – again to an occupier.
268 Canterbury Road
Over two self-contained levels, 268 Canterbury Road includes 1550 square metres of area; the building’s air conditioning, electrical system, entrance foyer, carpets, ceilings and lifts were recently upgraded (story continues below).
The 1950 sqm Commercial 1 zoned site also contains 30 car parks.
The Chatham train station is about 150 metres away; retail precincts at Maling and Union roads are also walking distance.
“At least 20 different buyers inspected over the six eek campaign, the majority of which were local owner-occupiers, white collar service businesses involved in industries like financial, retail, legal and medical,” Mr Bremner said.
“It was extremely rare for a circa 1500 sqm building to be offered for sale with vacant possession in Melbourne’s blue chip eastern suburbs however it was a good test of the strength of the owner-occupier market” according to the executive.
In February, biomedical group AXXIN paid $16.6m for an Eaglemont office, also with the intention to occupy.
Subscribe to our newsletter at the bottom of this page.