Adelaide, 28 October 2013- Almaa Holdings Pty Ltd has purchased a modern office/showroom and warehouse in Cavan, SA, for a price of $1.95 million (excluding GST).
6 McLeod Court is a 6,039sqm site featuring a 2,120sqm structure, comprising a two level building with 320sqm office/showroom and approximately 1,800sqm of high clearance, clear span warehousing.
The fully fenced site offers dual access, a substantial concrete hardstand, recessed loading dock and canopy.Situated in a prime location, approximately 11km north of the Adelaide CBD, the property benefits from a strategic location close to major transport networks.
CBRE’s David Reid sold the property on behalf of the vendor, Taunton Pty Ltd.
Mr Reid said the sale is exemplary of the return of the owner occupier to the Adelaide market, attracted by the low cost of funds and increased business confidence.
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About CBRE Group, Inc.
CBRE Group, Inc. (NYSE:CBG), a Fortune 500 and S&P 500 company headquartered in Los Angeles, is the world’s largest commercial real estate services and investment firm (in terms of 2012 revenue). The Company has approximately 37,000 employees (excluding affiliates), and serves real estate owners, investors and occupiers through more than 300 offices (excluding affiliates) worldwide. CBRE offers strategic advice and execution for property sales and leasing; corporate services; property, facilities and project management; mortgage banking; appraisal and valuation; development services; investment management; and research and consulting. Please visit our website atwww.cbre.com.au.