Singapore based investor pays $1,220,000 for tenanted Morningside unit

by admin | 30th May 2011

A Singapore based investor has paid $1,220,000 for a tenanted 682m2 unit at 23/160 Lytton Road, Morningside, in the Colmslie Corporate Park. KIng & Co agent  David Knapp handled the transaction, while the vendor is undisclosed. The deal settled 21 March

This particular unit consists of a 510m2 ground floor training facility and warehouse accessed via two container height roller doors, plus 124m2 of mezzanine office space

It is being rented by Baseline Training & Consulting P/L for approximately $104,000 pa and has been for the past two years. Baseline Training & Consulting provides education, advice and leadership in workplace health and safety. Specifically, it concentrate on areas including working at heights, confined space entry, safety leadership/ culture, and risk management

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