Another huge auction result! 4.9% yield

31 London Drive Bayswater

Multiple bidders looking to top up their SMS funds pushed the sale price beyond expectations, with the property being knocked down for $771,000. 
The modern industrial property had a lettable area of 497 sq.m.
With a passing rental of $38,058.00 pa ++, the sale represented a yield of 4.9%

Steven Lawson
steven@lawsonrealestate.com.au

SOLD: $240,000 ABOVE RESERVE

44 CAMBRO ROAD CLAYTON NORTH

Owner occupier competition for limited stock driving up values with multiple bidders resulting in a final sale price of $740,000 under the hammer.

Steven Lawson
steven@lawsonrealestate.com.au