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Sold 7-31 Keys Road, Moorabbin (VIC)

Comprises a 32,846 sqm industrial property located approximately 16 kilometres south-east of the Melbourne CBD being well situated to the affluent Bayside locale. The property is improved with approximately 17,660 sqm of office/warehouse accommodation over multiple buildings which are utilised by the tenant Amcor for solvent based printing on flexible and rigid plastic packaging.

Syndicate term:

8 years

Purchase price:

$20,850,000

Anticipated return on equity:

8%

Actual term:

1.2 years

Sale price:

$27,450,000

Total investor return:

121%

GM Property Group
T (+61) 8 6555 3215

E admin@gmpg.com.au
M PO BOX 432, Cottesloe WA 6911

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