
23 May 2018
The Age Business Day: Wednesday 23 May 2018
Brighton
Two shops in the popular Bay Street shopping strip have sold for $1.1million on a 5.4 per cent yield before auction. The shops at 227-229 Bay Street returned combined rent of $60,336 per annum. "Demand for retail strip assets is chugging along quite nicely," Mr Takis said.