02 Mar 2019

The Age Business Day: Saturday 2 March 2019

Fitzroy

An investor paid $1.5m on a sharp 2.7 per cent yield for a commercial property at 100 Webb Street in a deal brokered by Teska Carson's Luke Bisset. The fully renovated 150 sq m, two-level building on a 170 sq m site zoned Commercial 1 sold subject to a four-year lease and two further four-year options to Native Tongue Music at $40,879 per annum net.