Savills has sold a premium showroom in Claremont for $3.05 million within 24 hours of being listed for sale.
Savills Australia sells premium showroom in Claremont for $3.05 million
The Lightingales retail premises in Claremont, Western Australia, has sold for $3.05 million within 24 hours of being listed for sale.
Savills Australia’s Barney Dear brokered the deal for the well-known showroom at 269 Stirling Highway on behalf of a private investor, achieving a yield of 5.36 percent and a land rate of $3,011 per sqm.
“Selling this property so quickly from the commencement of its campaign launch is a clear demonstration of the strong demand for well-located leased investments in Perth’s western suburbs,” Mr Dear said.
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