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ZUPP Property Group has purchased a mixed-use site in Ormeau for $8.325 million, in one of the most successful auction sales according to Colliers International.
Associate director of investment sales James Crawford marketed the two title property at 270 Lahrs Road and 29 Eggersdoff Road, with his colleague Stewart Gilchrist.
“In the last six months we have seen greater buyer activity for commercial property on the Gold Coast,” Crawford says.
The 270 Lahrs Road site has a land area of 59,720sqm and has partially constructed buildings including warehouse space, laboratories and commercial office area.
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