A Melbourne medical facility was snapped up for $24 million at a commercial property auction on Wednesday on just a single bid.
But it was the sale of a suburban laundromat for just $835,000 which highlighted the appetite for higher-yielding non-residential assets from investors spurning the housing market.
Loading...
Larry Schlesinger writes on real estate, specialising in commercial and residential property. Larry is based in our Melbourne newsroom. Connect with Larry on Twitter. Email Larry at larry.schlesinger@afr.com
