Renowned Lightingales premises switches owners

08 February 2018

Savills Australia sells premium showroom in Claremont for $3.05 million

The Lightingales retail premises in Claremont, Western Australia, has sold for $3.05 million within 24 hours of being listed for sale.

Savills Australia’s Barney Dear brokered the deal for the well-known showroom at 269 Stirling Highway on behalf of a private investor, achieving a yield of 5.36 percent and a land rate of $3,011 per sqm.

“Selling this property so quickly from the commencement of its campaign launch is a clear demonstration of the strong demand for well-located leased investments in Perth’s western suburbs,” Mr Dear said.

Learn more about Savills Metropolitan and Regional Sales services.

 
 

Key Contacts

Barney Dear

Barney Dear

Manager
Metropolitan & Regional Sales

Savills Perth

+61 (0) 8 9488 4116