Track Record

SOLD: 1 Elma Road, Cheltenham

May 24, 2022

Free standing Cheltenham office warehouse has sold for $1,580,000.

Selling agent James Glen says, “The campaign attracted close to 50 enquiries, mainly from owner occupiers which still demonstrates a strong local appetite to purchase industrial assets. The sale price of $1,580,000 reflected a strong $ per square metre rate of $3,320.

Standalone industrial property remains a highlight sought after asset and with a severe lack of stock available for purchase

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We’re proud to lease and sell, through auction and private sale, hundreds of commercial and industrial properties annually. Beyond that, our property management services extend across Melbourne, into regional Victoria and interstate. Our quest for innovation, real experience, unmatched database and the fact that we’re the only commercial and industrial agents with offices that stretch from Bayside to Moorabbin, Braeside to Dandenong and Carrum Downs to Mornington Peninsula has made us the Leaders of the South East.