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A brand new vacant warehouse at 39 Alta Road, in the Corporate Park East estate, was snapped up in just 48 hours thanks to RWC Northern Corridor Group’s Chris Massie and Troy Sturgess. The 1,300sqm property, leased to Sinaboom Intelligent Equipment on a five-year term at $175/sqm net, saw an impressive return of 6.5% for the new owner who settled just days before. RWC Northern Corridor Group’s Ashley Rees said that new residential tenant protection laws are driving investors to commercial properties, and this trend is expected to continue. Despite strong competition in the industrial market, opportunities still exist for those who focus on replacement costs over immediate yields. #CommercialRealEstate #IndustrialMarket #InvestmentOpportunities #RWC #PropertyInvestment

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