Gorman Commercial Real Estate

2024 SALES IN REVIEW + 101 sales + $370 million sales value Gorman Commercial is pleased to have achieved some excellent sales results across all sectors of the market this year. From the team at Gorman Commercial, we would like to thank you for your continued support this year and are looking forward to further success in 2025. Stephen Gorman Jonathon McCormack Peter Bremner Peter Sprekos Tom Maule Nathan May Dean Alexander

Gorman Commercial 2024 Office Sales Results Gorman Commercial concludes the year with circa $115 million of sales within Melbourne’s suburban office market. Melbourne’s city fringe and inner east regions continue to be the most sought-after areas, and while owner occupiers take the lead as the most active buyers, 2024 has seen a significant increase in investor engagement. Stephen Gorman Peter Bremner Jonathon McCormack Tom Maule Peter Sprekos Dean Alexander Nathan May #commercialrealestate #officesales #cre

Gorman Commercial is pleased to offer for sale the ‘Shawcross’ building at 320-324 Brunswick Street, Fitzroy. An iconic 3-level corner freehold building renowned for its striking character and profile, the building benefits from frontage of more than 35 metres to Brunswick & Argyle Streets on a land area of 314 sqm*, with a combined building area of some 580 sqm*. Offered for the first time in over 40 years, this securely leased generational property offers a combined incomed of $234,499 pa from a diverse income stream, with two ground floor retail tenants & single tenant occupying both the first and second levels. Located on the corner of Brunswick Street and Argyle Street, in the epicentre of the Fitzroy hospitality and lifestyle precinct, surrounded by major retail occupiers The Fitz, Veggie Bar and Provincial Hotel to name a few. For further information contact the exclusive selling agents: Peter Sprekos 0411 425 189 Peter Bremner 0412 326 942 Stephen Gorman Jonathon McCormack Tom Maule Dean Alexander Nathan May #commercialrealestate #propertyinvestment #fitzroy #sale #brunswickstreet

Gorman Commercial in conjunction with JLL are delighted to offer Dan Murphy’s Cheltenham for sale. Situated within one of Melbourne’s fastest growing catchments and underpinned by Australia’s largest retail liquor operator, Endeavour Group, this asset is a rare opportunity for investors to acquire a trophy freehold investment. Property highlights include: * Ten (10) year lease plus options to 2079 * Income: $666,475 pa + GST + outgoings * One of Victoria’s strongest trading Dan Murphy’s stores with history of turnover rent * Substantial landholding of 3,469sqm plus 63 car spaces including EV charging station * High exposure location with huge 63 metre frontage to Bay Road * Prime freestanding store of 1,327sqm with modern improvements 328 Bay Road, Cheltenham is for sale by Expressions of Interest closing Thursday 5th December at 2pm. For further information, contact the conjunctional selling agents from Gorman Commercial listed below: Tom Maule 0401 636 049 Jonathon McCormack 0418 835 885 Gorman Commercial Real Estate in conjunction with JLL Stephen Gorman Peter Bremner Dean Alexander Nathan May Peter Sprekos #commercialrealestate #cre #commercialinvestment #propertyinvestment #danmurphys #cheltenham

Gorman Commercial is pleased to announce the sale of the National Archives of Australia investment at 31 Vision Drive, Burwood East, Victoria. The price of circa $32,000,000 reflects a strong yield of circa 7.5% and was secured following healthy participation engaged from a broad field of geographically located buyers and purchaser types. We are currently witnessing a noticeable shift with more positive investor sentiment in the Melbourne commercial property market, and this deal reflects that growing confidence for well leased assets with strong covenants like the Commonwealth of Australia. For further details or to receive a Sale Summary, please reply to this email or contact the selling Agents from Gorman Commercial listed below. Peter Bremner 0412 326 942 Jonathon McCormack 0418 835 885 Stephen Gorman 0418 321 828 Tom Maule Dean Alexander Peter Sprekos Nathan May Sold in conjunction with CBRE #commercialrealestate #commercialinvestment #commercialproperty

Gorman Commercial together with Vinci Carbone are pleased to be offering this outstanding development site opportunity located at 203-211 Keilor Road, Essendon. This impressive triple fronted super site located in a highly sought after location comes with an existing planning permit for a seven-level mixed-use development with 121 apartments and commercial spaces - a dream project for developers. For sale by Expressions of Interest closing Wednesday 13 November at 2pm. For further details, please contact: Jonathon McCormack 0418 835 885 Stephen Gorman 0418 321 828 Gorman Commercial Real Estate Vinci Carbone Property Tom Maule Peter Bremner Dean Alexander Nathan May Peter Sprekos #commercialrealestate #cre #developmentopportunity #development #essendon

SOLD | Retail 1, 2 Walmer Street, Abbotsford 🔸Near new commercial space of 156 sqm plus 2 car parks leased to a residential sale display suite 🔸Sale Price: $980,000 🔸Net Rent: $62,400 pa + GST + outgoings 🔸Lease Term: New 3 year lease 🔸Yield: 6.36% 🔸Capital Value Rate: $6,282/sqm   To speak further about this sale, please contact either of the selling agents from Gorman Commercial Real Estate   Peter Bremner | 0412 326 942 Jonathon McCormack | 0418 835 885 #commercialrealestate #officeinvestment #Abbotsford Tom Maule Stephen Gorman Dean Alexander Nathan May Peter Sprekos  

Gorman Commercial is pleased to offer the Beaurepaires site at 705-711 Burwood Road, Hawthorn for sale by Expressions of Interest closing Wednesday 30th October at 2pm. This centrally located mixed-use development site has the benefit of a Commercial 1 zoning and valuable passing income. Compelling reasons to consider purchasing 705-711 Burwood Road, Hawthorn include: * Large C1 zoned site of 1,609 sqm with rear access * Showroom warehouse buildings totaling 961 sqm * Presently leased to a Beaurepaires tyre outlet * Net rent of $234,532 pa (as at Dec 2024) plus all outgoings recoverable including land tax * Potential for 5-6 level mixed-use or office development (STCA) * Development Scheme available from Cera Stribley Architects * Short walk to Auburn Village, Train Station & Swinburne University For further information, please contact the exclusive selling agents from Gorman Commercial listed below. Peter Bremner 0412 326 942 Stephen Gorman 0418 321 828 Jonathon McCormack 0418 835 885 Gorman Commercial Real Estate Tom Maule Dean Alexander Nathan May Peter Sprekos #CommercialRealEstate #DevelopmentOpportunity #ExpressionsOfInterest #HawthornRealEstate