Sale of 1/21 Lionel Road Mount Waverley

18 September 2024

AND Property is pleased to announce the sale of 1/21 Lionel Road Mount Waverley.

The hi tech industrial strata warehouse was sold off market to an owner occupier..

The transaction was negotiated on behalf of a private investor by AND Property agents Ben Bryce Pane, Ricardo Cappelletti and Ben Quennell.

ā€œThe property was sold off with a lease to the sitting occupier Safe Tech Solutions on a portion of the site after AND Property canvassed the owner on behalf of the purchaserā€ Said Mr. Pane

ā€œThe Mount Waverley Industrial precinct with one of the most highly sought after pockets of the South East Market, where options for owner occupiers are extremely limitedā€ said Mr. Cappelletti

ā€œThe sale rate of $3,614 PSM represents an extremely strong result for a strata property of this sizeā€ Mr Quennell said

The property features a high-tech office component with first class fit out, frontage to Lionel Road and a functional high clearance warehouse.

For further information on this transaction, please contact the team at AND Property.