COMMERCIAL REAL ESTATE MARKET WRAP - THE AGE
A development site with a permit for four townhouses at 59 Culcairn Drive, Frankston South sold for $812,000. The 1,177 sqm site was snapped up by a local developer, ICR Property Group's Raff De Luise and Julian Materia said.
In another deal in Thomastown, the paid sold a showroom/warehouse at 224 Mahoneys Road for $1.5 million. The 1000 sqm building was on a 1854 sqm site.
THE AGE MARKET WRAP – 13th February 2019 – Business Section – Simon Johanson