Gorman Commercial @GormanCommRE

Gorman Commercial is pleased to share the sale of Shop 1, 293-297 Bay Street, Brighton, an immaculate ground floor strata #retail #investment. The prominent shop sold for $710,000 on a 4.1% yield and building rate of $14,200 psm. #commercialrealestate

Real estate agencies Gorman Commercial & Allard Shelton have completed a merger to form the largest privately owned practice in Victoria with $5 billion in assets under management. The merger becomes effective on 1 July. The merged entity will be known as Gorman Allard Shelton.

Sold at Auction Today - 41 Viewpoint Avenue, Glen Waverley This neighbourhood freehold #investment sold under the hammer at auction for $660,000 reflecting a 3.4% yield to a private investor. Multiple bidders battled it out to secure keys to this well-located property. #retail

Gorman Commercial is pleased to share the successful sale of Ground Floor, 1385 Malvern Road, Malvern situated within #Malvern Road's premier retail and shopping precinct for $830,000 on a building rate of approx. $10,000 psm to an owner occupier. #investmentproperty #cre

JUST LEASED | GOLDFIELDS HOUSE | 627 CHAPEL STREET, SOUTH YARRA The building developed by @Goldfields Group will welcome the @Good Group Hospitality, one of New Zealand’s best #hospitality operators who have just opened the stunning Botswana Butchery on Flinders Lane.

Sold Prior to Auction - 1/145 Wattletree Road, Malvern This exceptionally well-leased suite to longstanding #medical tenant sold for $1,000,000 reflecting a 3.87% yield on a building rate of $9,524 psm. #commercialrealestate #investmentproperty

Gorman Commercial is pleased to offer 302 Glen Huntly Road, Elsternwick for auction on Wednesday 6 July at 12pm. A great opportunity to secure an affordable bite size retail #investment set amongst quality #retail & hospitality tenants close to #Elsternwick Station.

Gorman Commercial is excited to offer this five star #investment with new 5-year lease to local #Hawthorn cafe, Liar Liar, for sale. The prominent building at 769F Glenferrie Road, Hawthorn with entrance on Kinkora Rd is to be auctioned on Wednesday 29 June at 12pm. #retail

Gorman Commercial is pleased to share the sale of 304 High Street, #Kew at auction today. Strong bidding from multiple groups resulted in this vacant building selling well over the reserve for $2,610,000 on a building rate of $9,667 psm & land rate of $8,474 psm. #cre

Gorman Commercial in conjunction with Real Properties are pleased to present 23-35 Hanover Street, Oakleigh for sale via an EOI campaign closing Thursday 23rd June at 2pm. Outstanding opportunity to #develop this substantial site of 1,996 sqm* adjacent to #Oakleigh S.C. #cre

Gorman Commercial is pleased to share the sale of 212 Whitehorse Road, #Balwyn at auction for $1,551,000 on a 3.56% yield. A local investor secured the property on a building rate of $10,409 psm. #commercialrealestate #retailproperty

For Sale │ 41 Viewpoint Avenue, Glen Waverley Auction Friday 17 May at 12pm Affordable investment property leased to an education group within a well-positioned retail strip on the corner of Waverley Road near The Glen Shopping Centre. #commercialrealestate #retailproperty

FOR SALE | AN INVESTMENT BEAUTY WITH UPSIDE Shop 1, 293-297 Bay Street, Brighton Auction Thursday 16 June at 12pm An outstanding opportunity to acquire a well-located ground floor retail investment in one of Melbourne's most sought-after Bayside locations. #cre #retailproperty

For Sale │ Suite 1, 145 Wattletree Road, Malvern Auction: Wednesday 15th June at 2pm on-site Fantastic opportunity to acquire a well-leased suite in a block of four to medical-grade tenant, whom has been in occupation since 1989! #medicalproperty #commercialrealestate

Sold at Auction on a Yield of 3.3% 265 Lygon Street, Carlton This versatile two-storey investment in the heart of Lygon Street sold under auction conditions for $2,340,000 on a yield of 3.3% and building rate of $10,935 psm to a local investor. #retailsales #commercialrealestate

Croydon's newest office suites developed by Wolfstep Projects Pty Ltd at 4-6 Croydon Road, Croydon are now available for Sale or Lease. This is a rare offering to occupy or invest in an “as new” premium office building. #commercialproperty #officesales #officeleasing

2 LEASED IN 2 WEEKS | CHAPEL STREET, SOUTH YARRA Chapel Street, South Yarra appears to be in high demand for business owners. 740 Chapel Street welcomes Dental 1 and L1, 349 – 351 Chapel Street has been leased to Bella Management, a talent agency group. #retailleasing #medical

LAST REMAINING RETAIL LEASED | 1228 NEPEAN HWY, CHELTENHAM We are pleased to share a recent leasing transaction at Retail 1, 1228 Nepean Hwy, Cheltenham. This last remaining tenancy will see CorePlus occupy the space. An exciting addition to the Bayside community. #cre #retail

Gorman Commercial is pleased to present 304 High Street, Kew for auction on Wednesday 1 June at 12pm on-site. The property represents a rare opportunity for a #developer/owner occupier to acquire this blank canvas set amongst major retailers & hospitality operators. #cre #retail

5 Sold │3 Remaining 202 Jells Road, Wheelers Hill Strata #office suites within Wheelers Hill Business Centre proved popular with local buyers. Suites 1.02, 2.01, 2.06, 2.07 & 2.08 sold recently with sizes ranging from 48sqm–79sqm achieving an average rate of $6,500 p/sqm. #cre