Commercial investment opportunity

For sale by deadline private treaty, with offers due to close on July 8, the property, owned by successful developer Southpark Corporation, is being marketed by Colliers International brokers Andrew Hooper, Dwayne Warby and Hamish West.

THE OPPORTUNITY
Warby says that the property will suit a wide range of buyers, offering the opportunity to purchase one or more of the five titles on offer or to pick up the whole property.

"This is a remarkable opportunity to buy into commercial property for as little as $550,000", says Warby.  "It is an investment that will have broad spectrum appeal, from smaller investors upwards."

He says that investors will have the opportunity to buy single or multiple unit titles, which would create "a great opening into the commercial property market at an affordable price, in a highly sought-after area and with a strong spread of tenants. There are not many opportunities to get into commercial property for $550,000, so this is a compelling alternative to residential real estate or long term bank deposits."