SOLD – 16 Cochranes Road, Moorabbin
August 27, 2021
ANOTHER ISO DEAL!!
How’s this for a story?! 16 Cochranes Road, Moorabbin sold last year after Victoria’s long lockdown in November, for a price of $770,000.
This week it was transacted for $950,000, with a capital growth of over 23% in 9 months, reflecting a yield of 3.9%.
Nichols Crowder Director/Selling Agent, James Glen says, “the industrial market in the South-East and Moorabbin has never been better. Don’t stress about the pandemic effects on your commercial property, we have the vaccine.”