Crabtrees Real Estate Director Chris McKenzie and Executive Pana Kritikos have sold a freehold investment with mixed-use zoning development upside, returning $28,981 pa net and leased until November 2024 for $1.335 million at public auction representing a sharp 2.1% yield.

99 White Street comprises 390 sqm* office/warehouse facility on 586 sqm* freehold land and is located within a ‘Mixed use zone’ and is situated within one of Melbourne’s most sought after development catchments.

“We fielded over 80 enquiries throughout the campaign resulting in 1 online bidder and 4 floor bidders on auction day” commented Pana Kritikos.

For further information please contact Chris McKenzie on 0418 321 065 or Pana Kritikos on 0418 358 700.

  • Talk to us today