MMJ Commercial is thrilled to announce the successful opening of ‘Kitchen Warehouse’ as the newest tenant along the King Street Bulky Goods ‘strip’ at Warrawong.
In what sets a new benchmark for commercial asset sales in Wollongong, a 6,719m2 A-grade office building with a sub 5-year WALE has just sold for $33.3 million, reflecting a 7.25% nett yield and approx. $5,000/m2 of building area. The property, 77 Market Street, was sold by MMJ Commercial (Wollongong) on behalf of Medibank Private Limited.