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