Huntingdale

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A new office and warehouse dual occupancy in Melbourne’s south-east suburb of Huntingdale has been sold to a private investor.
The two units were 308 square metres each, with street frontage and secure on-site parking, built on a 1388 square metre industrial 1 zoned site.
38 Shafton Street sold for $1.15 million, while 32 Hargreaves Street sold for $905,000.
Both are destined for a self-managed super fund, according to Savills associate director Daniel Kelly, who brokered the deal.
Kelly said the were sold with three year leases at a total rental return of $118,000 per annum net plus GST and outgoings.
He said tax advantages available to SMSFs and low interest rates were advantageous for buyers.
“Having the tenancies in place on new leases and the quality of the product coupled with substantial depreciation benefits is an easy fit for a self-managed super fund,’’ Kelly said.
The vendor was a local developer.
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Dual office warehouse units in Huntingdale sold for $2.05 million

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A south-eastern Perth three bedroom house has been sold for $270,000 by mortgagees.
It was offered by Anna Downing from Ray White. 
It last sold at $125,000 in 2002.
It was up for sale in February last year at $380,000 after 260 days on market.
It was also for sale in 2015 for three months at $385,000.
 <a href="https://www.realestate.com.au/sold/property-house-wa-huntingdale-127296698" target="_blank">Located at 48 Alciston Way, Huntingdale</a>, the Western Australian home comes with three bedrooms, separate living area,  galley kitchen and landscape gardens.
It also features polished wooden floors, lined studio and carport.
It is positioned on an 852 square metre block.
According to CoreLogic, the suburb's median house price sits on <a href="https://www.urban.com.au/news/11888-huntingdale-wa" target="_blank">$385,000</a>.
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