Toorak Road Suburban Office Sells For $10.14 Million

A LOW-rise office building at the suburb border of Camberwell and Glen Iris has sold to a private investor for $10.14 million.

The 990 Toorak Road office is leased to ASX listed groups National Australia Bank and Uniliver.

Based on the annual rental return of $856,048, the building sold on a yield of 8.44 per cent.

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Posted originally: 2010-05-31 18:44:00

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