Sydney

Multiplex Kitchens at home in Yennora

CBRE has sold a Yennora office warehouse under the hammer for $1.905 million.

05 Jul 2018

CBRE has sold a Yennora office warehouse under the hammer for $1.905 million. 

The 985sqm site at 2-4 Antill Street was purchased by Multiplex Kitchens Pty Ltd, with the final sale price reflecting a strong rate of $2,536 per square metre.

John Karlovasitis, John Tsoutsa and Elijah Shakir of CBRE, in conjunction with Damien Cooley of Cooley Auctions, managed the sale between three strong bidders on the day. 

“Our marketing campaign garnered more than 40 enquiries and over a dozen inspections, with three parties strongly bidding for the property on the day. After some extensive negotiations we were able to achieve a fantastic price for our vendor,” Mr Karlovasitis said. 

The industrial building comprises renovated offices, a clear span warehouse and secure yard. It is prominently located on the corner of The Prominade and Antill Street, within a short distance of Yennora train station. 
 
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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 2017 revenue). The company has more than 80,000 employees (excluding affiliates), and serves real estate investors and occupiers through more than 450 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.

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Neither CBRE nor its affiliated companies make any warranties or claims on the implied accuracy of the information contained herein.

About CBRE Group, Inc.
CBRE Group, Inc. (NYSE: CBRE), a Fortune 500 and S&P 500 company headquartered in Dallas, is the world’s largest commercial real estate services and investment firm (based on 2021 revenue). The company has more than 105,000 employees (excluding Turner & Townsend employees) serving clients in more than 100 countries. CBRE serves a diverse range of clients with an integrated suite of 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 https://www.cbre.com.