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