Milton office/warehouse sells for $2.23M

A PRIVATE local buyer has purchased a modern office and warehouse building for $2,230,000 at 9 Mayneview Street in Brisbane’s Milton.

The 725sq m* office and warehouse was on 809sq m* of land and attracted interest from both owner-occupiers and investors.

The property was marketed and sold by Ray White Commercial Queensland Senior Sales Executive Sam Parker.

“The asset was purchased via private treaty and was sold to a confidential local buyer within two weeks of Ray White Commercial Queensland listing it for sale,” Mr Parker said.

“Properties of this nature rarely come onto the market, so when the buyer saw the opportunity, they moved quickly to place it under contract.

“The Milton market as a whole is performing strongly with multiple recent transactions across the area – it’s a trend we expect to continue in the future with its proximity to the CBD.”

*Approximately.