West Sydney office sells for $7m
An Auburn investment with six office suites over two shops sold for $7 million
The result for 3-5 Station Road reflects a 4.15 per cent net passing yield.
Also fronting Rawson St, it was held 28 years.
The seller paid $812,500.
CBRE’s Robert Dowdy brokered the latest deal.
On 808 square metres zoned E1 – Local Centre, the property was marketed for its longer term development upside, able to accommodate a c32 metre tower
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