Milton
SOLD
Other:
- Property ID#318989
- LocationMILTON
- StateQLD
- StatusSold
2 Level Commercial Office Building
2 Mayneview Street is a two level commercial office building over a single level of carparking located within the established commercial precinct of Milton. The building was extensively refurbished in 2008 and presents to a very high standard. It was sold fully leased to two national tenants and was purchased by a local investor. The sale price of $4.25 million reflected a yield of 9.65%. The purchaser saw the property as a stable investment due to the quality of the tenants and the strong return.
Client Testimonials
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Ken Woodley
Rick acts very professionally and confidentially in all property dealings. His competent and honest handling of the matters made the negotiation process easy from our perspective.As a result of Rick’s efforts we have engaged Ray White as leasing and selling agents for other properties owned by us. I have no hesitation in recommending Rick’s services as a real estate agent of significant integrity and competence.
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Ross Nielson
Rick has handled several successful transactions for us since 1987 and he has been the most capable real estate agent that we have dealt with.Confidentiality has been preserved in all our transactions over the years and this is rare in this business. Of particular note is the approach Rick takes in terms of acting in his clients’ best interest. This has resulted in the premium for us, which in some cases has been beyond our expectation.
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