Gross Waddell is pleased to announce the sale of 1/34 Webb Street, Narre Warren which sold at auction for $1,700,000, representing a yield of 3.04%.
Property details are as follows:
- Positioned on the corner of Webb Street and Malcolm Court
- Tenant: Narre Warren Newsagency
- Lease term: 5+5 years (comm. 5 August 2015)
- Rental: $51,756*p.a. net
- Building area: 186m2*, plus one onsite car park