by Administrator
14. February 2012 19:40
The commercial sector at H&N Perry have been working in overdrive lately with a flurry of activity in both the sales and leasing departments.
The commercial department have recently been responsible for the negotiation of leases for Suites 3,4 & 5 at 8 George Street, Pinjarra. The St Vincent De Paul Society took the largest floor space of 444m2, with another suite being leased to Pinjarra Real Estate.
In the sales department, Frank Lawrence has been busy securing the sale of 284 Pinjarra Road, Mandurah. This building represented excellent value, being in a prime location and fully leased to long term tenants delivering an 8.2% return. It was snapped up very quickly, proving it's significance as an ideal investment. A medical centre in Glencoe Parade, Halls Head was also sold last week. This building, which already had Council approval was also in a high profile position and was ready for a business to walk in and commence trade.
This strong activity in Commercial investing indicates that consumer confidence has returned to the real estate market. It must also be noted that there has been stronger than usual residential sales which is a good omen for homeowners, businesses and investors alike. If you are interested in selling or leasing your premises, whether it be residential or commercial, you can trust the team at H&N Perry to give you quality professional advice. Give the office a call on 9535 1822 today and find out why we are the longest established Estate Agency in Mandurah.
