Prominent Williamstown Retail Complex Sells For $10 Million
A PRIVATE investor has paid close to $10 million for a prominent Williamstown retail complex, at the corner of busy Ferguson Street and Douglas Parade.
Fitzroys selling agent Geoff Emmett confirmed the prominent site sold before a scheduled auction on Thursday.
Based on the complex’s annual rental income of $568,796, the asset sold on a yield of about 5.7 per cent.
A PRIVATE investor has paid close to $10 million for a prominent Williamstown retail complex, at the corner of busy Ferguson Street and Douglas Parade.