19 Efficient Drive comprises a 1,214sqm building situated on a 1,849sqm land parcel and 21 Efficient Drive comprises a 1,382sqm building situated on a 2,300sqm parcel of land.
Both properties offer wide street frontage, excellent signage opportunities and easy access for large vehicles.
“The purchaser was a Sydney based investor who recognises the potential for capital growth within the industrial hub of Truganina and has purchased three buildings in the suburb over the past 18 months,” Mr Cappelletti commented.
Mr Pragnell Said; “The location and design of these properties were the reasons why CBRE was able to sign a long-term lease on the buildings within two weeks of the settlement date, at the new owner’s asking rental rate.”
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About CBRE Group, Inc.
CBRE Group, Inc. (NYSE:CBRE), a Fortune 500 and S&P 500 company headquartered in Los Angeles, is the world’s largest commercial real estate services and investment firm (based on 2018 revenue). The company has more than 90,000 employees (excluding affiliates) and serves real estate investors and occupiers through more than 480 offices (excluding affiliates) worldwide. CBRE offers a broad range of integrated services, including facilities, transaction and project management; property management; investment management; appraisal and valuation; property leasing; strategic consulting; property sales; mortgage services and development services. Please visit our website at www.cbre.com.