SOLD: 1 Elma Road, Cheltenham

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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