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Adelaide CBD office sale

South Australia 

Becton Offloads Adelaide’s Blackburn House For $13.75 Million

August 3, 2009 Marc Pallisco Adelaide CBD office sale, institution

BECTON Office Fund has reaped $13.75 million for Adelaide CBD’s “Blackburn House”.

A private investor has purchased the 199 Grenfell Street office on a yield of 9.35 per cent. The 18-year old 5,060 square metre office has three street frontages, and is anchored by the Department of Veteran Affairs.

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