Indonesian Timber Merchant Pays $24.3 Million For Major Box Hill Office, Melbourne

AN Indonesian timber merchant is understood to have paid $24.3 million for one of Box Hill’s most prominent office buildings.
 
The government leased 883 Whitehorse Road office was quietly sold this week, reflecting a yield of about 8 per cent, based on the suburban office’s annual income of just over $1.98 million.

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Posted originally: 2009-10-19 17:42:00

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