Essendon North commercial investment sells for $410,000
Joel RobinsonDecember 7, 2020
An Essendon North investment has just sold on a yield of just over 5.5 percent.
The Keilor Road property, which fetched $410,000, is leased to an established hair salon on a new three year lease.
Offering main road frontage to Keilor Road, the 54 sqm space with two car spaces is located in the architecturally designed commercial building known as The Edge.
CVA agent Craig McKellar sold the property.
Joel Robinson
Joel Robinson is a property journalist based in Sydney. Joel has been writing about the residential real estate market for the last five years, specializing in market trends and the economics and finance behind buying and selling real estate.