Goodman Group Offloads Rowville Business Park For $22 Million

THE GOODMAN Group has offloaded the Regal Business Park in Melbourne’s south-east, for about $22 million.

The 23-hectare site in Rowville, some 25 kilometres from Melbourne, was sold on a yield of 10 per cent, reflecting recent research suggesting the capital value of industrial suburban property has decreased over the last couple of years of between 15 and 20 per cent.

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