Published 17 June 2011
The Argosy Property Trust has unconditionally sold the Danske Mobler property at 501 Ti Rakau Drive, Botany Downs, for $6.85 million, settlement scheduled for July. Argosy Property Management Ltd general manager Peter Mence said yesterday the price for the 3085m² building was 4% above the March 2011 book value.
The trust also owns the Bunnings Ltd warehouse at 320 Ti Rakau Drive. Want to comment? Go to the forum.
Attribution: Company release, story written by Bob Dey for the Bob Dey Property Report.