10 December 2019
| Category - Market Updates

Stronghold sells Mulgrave Office for $27.8m

On behalf of the Stronghold Mulgrave Property Trust No.11, we are delighted to announce the sale of 13-15 Compark Circuit, Mulgrave to Centuria Diversified Property Fund (CDPF).

Head of Property & Advisory, Steve de Nys said “The Stronghold Mulgrave Property Trust No.11 has provided solid returns for investors over the last 2 ½ years”

“We originally purchased the property for $21.5 million in mid-2017 due to its central position within the Monash Employment Cluster, which has Melbourne’s largest concentration of jobs outside the CBD and are pleased to announce the recent sale to Centuria who have agreed to pay $27.8 million for the property”

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Steve de Nys                                                                      Stuart Small
Head of Property & Advisory                                                 Business Development Manager
0413 515 808                                                                               0499 449 937
sdenys@strongholdinvest.com.au                                      ssmall@strongholdinvest.com.au

 

Read more details about the sale at

CDPF purchases 13-15 Compark Circuit in Mulgrave from Stronghold Investment Services