Rio Developments has sold a strata industrial unit at its latest Seven Hills project for $975,000.
CBRE’s Matthew Alessi negotiated the sale of Unit 3, 10 Brumby Street, to a gym equipment technician.
The 250sqm unit is one of ten at the fully secured estate, which was speculatively developed by Rio.
Just one unit remains for sale at the recently completed estate, which offers clearance heights of up to 8.5 metres.
Buyer draw cards include high quality, up-spec fixtures and fittings, an onsite sub-station, ample parking and are accessed via a container height roller door and excellent access to the M7 and M2 Motorways and major arterial roads.
“The purchaser was attracted to the building’s proximity to the motorways and its current facility in Castle Hills, in addition to its high-quality finishes and fixtures,” Mr Alessi said.
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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 2019 revenue). The company has more than 100,000 employees (excluding affiliates) and serves real estate investors and occupiers through more than 530 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.